Five years after billionaire liquor-baron Vijay Mallya’s luxury jet was impounded by the government, it is yet to find a home. A Florida-based company that won the auction for the jet is now running from pillar-to-post, unable to take possession of the aircraft despite winning it in a court-monitored auction process.
Meanwhile, the A319 aircraft, bearing the registration VT-VJM — after the fugitive tycoon’s initials, stands at one corner of the Mumbai airport occupying precious parking space. The company, Aviation Management Sales, is mulling moving the Bombay High ...
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