Vijay Mallya Private Jet Source Bing.com
Vijay Mallya, once known as the ‘King of Good Times’, is a former Indian billionaire who is now living in exile in the United Kingdom. He is facing extradition to India for charges of fraud and money laundering. Mallya was the chairman of Kingfisher Airlines, which went bankrupt in 2012, leaving behind a debt of over Rs. 9,000 crore.
Mallya’s extravagant lifestyle has been the subject of much scrutiny, especially after the collapse of his airline. One of the most striking examples of this is his private jet, which was reportedly worth around $62 million.
The Cost of Vijay Mallya’s Private Jet
Vijay Mallya Private Jet Cost Source Bing.com
The private jet owned by Vijay Mallya was an Airbus A319-133, which is a popular choice for wealthy individuals and corporations. The aircraft was delivered to Mallya in 2007 and was reportedly purchased for around $62 million. The jet had a range of around 7,000 miles and could accommodate up to 25 passengers.
Mallya’s private jet was customized to his specifications, with features such as a master bedroom, a conference room, a bar, and a private office. The interior was designed by the British firm Design Q and was said to be one of the most luxurious private jets in the world.
The Upkeep and Maintenance of Vijay Mallya’s Private Jet
Vijay Mallya Private Jet Maintenance Source Bing.com
Owning a private jet is not just about the initial cost of purchase. The upkeep and maintenance of such a luxurious aircraft can also be very expensive. According to reports, the annual operating cost of Mallya’s private jet was around $4 million.
This cost included expenses such as fuel, maintenance, crew salaries, insurance, and other associated costs. Mallya also reportedly spent a significant amount of money on upgrades and refurbishments to keep his jet looking and feeling luxurious.
The Controversy Surrounding Vijay Mallya’s Private Jet
Vijay Mallya Private Jet Controversy Source Bing.com
The ownership of Vijay Mallya’s private jet has been the subject of much controversy. In 2016, the Indian government alleged that Mallya had used funds from Kingfisher Airlines to purchase the jet, which was registered in the Isle of Man, a tax haven.
It was also alleged that Mallya had used the jet for personal trips, including to attend sporting events and parties. In 2017, the Indian government seized the jet as part of its efforts to recover the debt owed by Mallya.
The Future of Vijay Mallya’s Private Jet
Vijay Mallya Private Jet Future Source Bing.com
As of now, Vijay Mallya’s private jet remains seized by the Indian government. It is unclear what will happen to the jet in the future, but it is unlikely that Mallya will be able to regain ownership of it.
Despite the controversy surrounding his private jet, Vijay Mallya’s lavish lifestyle has become a symbol of the excesses of India’s elite. His fall from grace has been a cautionary tale for many, and his private jet serves as a reminder of the price of extravagance.
