Indian businessman Vijay Mallya, in December 2013 failed to pay dues worth ₹1,000 crores, due to which the service tax department seized an Airbus A319 belonging to the ‘King of Good Times’. Since then, Airbus A319 has been kept at the Chhatrapati Shivaji International Airport, Mumbai.
The aircraft, worth almost $90 million has been parked at the Mumbai airport for the last five years and since it has been seized by the government authority, it is being parked for free.
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However, the airport is losing money daily, as it has been evident from the fact that the Bombay High Court has been hearing pleas from the airport over the past year to remove the aeroplane from the premises as it is occupying the commercial space.
The cost of parking an aircraft differs from aircraft to aircraft and the costs range from ₹5,000 to ₹15,000 per hour where the size of the aeroplane is the deciding factor. In the case of Mallya’s aeroplane, the 6,000 cubic ft. aircraft consists of a lavish bedroom, shower, dining space, a bar, space for office, and a bar and the approximate cost for it would be ₹15,000 per hour.
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The aircraft was Mallya’s favourite and he would often fly in it from Mumbai to London. The Mumbai airport has made attempts previously to sell the aircraft but all of them have been unsuccessful. The major drawback is that the plane is not in a good condition to fly and just rots at the airport, costing ₹15,000 per hour.
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