Close Menu
  • HOME
  • TAMIL NADU
  • CHENNAI
  • NATION
  • WORLD
  • BUSINESS
  • SPORTS
  • ENTERTAINMENT
  • EDIT
  • COLUMNS
    • POINTBLANK
    • WHY TN IS FORBIDDEN LAND
  • MIXED BAG
    • CLIMATE & WEATHER
    • EDUCATION
    • HEALTH
    • JOBS
    • LEGAL
    • LIFESTYLE
    • SCIENCE
    • TECHNOLOGY
  • E-PAPER
Facebook X (Twitter) Instagram Threads YouTube
  • About us
  • Contact Us
  • Privacy Policy
  • Terms and Conditions
Saturday, November 7, 2026
Facebook X (Twitter) Instagram
News Today | First with the newsNews Today | First with the news
Login / Register Subscribe
  • HOME
  • TAMIL NADU
  • CHENNAI
  • NATION
  • WORLD
  • BUSINESS
  • SPORTS
  • ENTERTAINMENT
  • EDIT
  • COLUMNS
    • POINTBLANK
    • WHY TN IS FORBIDDEN LAND
  • MIXED BAG
    • CLIMATE & WEATHER
    • EDUCATION
    • HEALTH
    • JOBS
    • LEGAL
    • LIFESTYLE
    • SCIENCE
    • TECHNOLOGY
News Today | First with the newsNews Today | First with the news
  • E-PAPER
  • POINTBLANK
  • PRIME PULSE
  • TN ECHOES
  • Asian Games 2026
  • DEEP DIVE
  • GLOCAL
  • COLD FACTS
  • LEADING LIGHTS
  • CRYSTAL GAZING
  • PATTERNS
Home ยป Vijay Mallya blames govt for Jet Airways crisis

Vijay Mallya blames govt for Jet Airways crisis

AgencyBy AgencyApril 17, 2019No Comments
๐ŸŒ Translate โ–พ
  • Tamil
  • Hindi
  • Malayalam
  • Kannada
  • Telugu
Share WhatsApp Facebook Twitter LinkedIn Pinterest Telegram Copy Link Email

New Delhi: Fugitive businessman Vijay Mallya today extended his ‘sympathies’ for debt-ridden Jet Airways and slammed the government for ‘discriminating’ between private airlines and state-owned airlines (read Air India).

In a series of tweets, Mallya said that the collapse of Jet Airways and his Kingfisher Airlines (which is now defunct) is largely due to the policies of the government. He also raised questions over the government’s decision to use 35,000 crores of public funds to bail out Air India.

“Even though Jet was a major competitor to Kingfisher at the time I feel sorry to see such a large private airline on the brink of failure when Government used 35K crores of public funds to bail out Air India. Just being a PSU is no excuse for discrimination,” Mallya tweeted.

In another tweet, the embattled liquor baron, who was famous for his lavish lifestyle, reiterated his offer to ‘pay 100 per cent’ back to the banks.

Mallya said that he invested a large sum of money in Kingfisher to make it India’s largest airline and admitted that it became possible only after he got loans from private as well as public sector banks.

“I invested hugely into Kingfisher which rapidly grew to become India’s largest and most awarded airline. True, Kingfisher borrowed from PSU Banks as well. I have offered to pay back 100 per cent but am being criminally charged instead. Airline Karma?” he tweeted.

Expressing solidarity with Jet Airways founder Naresh Goyal, Mallya said that though Goyal was his competitor, the Jet Airways founder deserves credit for building an airline which made every Indian proud.

“Even though we were fierce competitors, my sympathies go out to Naresh and Neeta Goyal who built Jet Airways that India should be extremely proud of. Fine Airline providing vital connectivity and class service. Sad that so many Airlines have bitten the dust in India. Why?” Mallya said in a tweet.

It may be recalled that earlier Mallya had claimed that the BJP-led government at the Centre was using the Kingfisher crisis to target the UPA government.

Mallya is currently on bail on an extradition warrant executed by Scotland Yard in April 2017. The 63-year-old liquir baron is wanted in India on alleged fraud and money laundering charges amounting to an estimated Rs 9,000 crores.

Share. WhatsApp Facebook Twitter Telegram Copy Link Email
Previous ArticleIPL 2019: Right time to achieve 10-point mark, says Ashwin
Next Article Thiruvallur Gopu Memorial tournament: 5-wicket haul by Tharun
Add A Comment

Comments are closed.

Latest Posts

E-paper 7 November 2026

Sudhakar RNovember 7, 20260

Chennai gold up Rs 160; silver reaches Rs 250/g

NT BureauNovember 7, 20260

Gold prices in Chennai edged higher by Rs 160 per sovereign on Saturday, driven by renewed retail interest and festive bullion demand.

TN extends crop loan waiver up to Rs 75,000 for 13.25L farmers

NT BureauNovember 7, 20260

The Tamil Nadu government has extended its crop loan waiver of up to Rs 75,000 to all eligible agricultural borrowers who availed credit from cooperative societies between May 1, 2025, and March 31, 2026, removing

TN launches Rs 2,000 cr Vetri laptop scheme

NT BureauNovember 7, 20260

Tamil Nadu Chief Minister C. Joseph Vijay has issued administrative sanction to implement the ‘Vetri Laptop Scheme’ at an outlay of Rs 2,000 crore for the 2026โ€“27 academic year, benefiting students across government

Trump celebrates Diwali at White House

AgencyNovember 7, 20260

US President Donald Trump celebrated Diwali at the White House on Friday, joining prominent members of the Indian-American community to mark the Festival of Lights in the Oval Office.

About
About
Facebook X (Twitter) Instagram RSS
Latest Posts
  • E-paper 7 November 2026
  • Chennai gold up Rs 160; silver reaches Rs 250/g
  • TN extends crop loan waiver up to Rs 75,000 for 13.25L farmers
  • TN launches Rs 2,000 cr Vetri laptop scheme
  • Trump celebrates Diwali at White House
ยฉ 2026 NewsTodayNet.com. All Rights Reserved. Designed & Maintained by Gifted Technologies.
  • About us
  • Contact Us
  • Privacy Policy
  • Terms and Conditions

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?