An auction of 75 vehicles and pieces of equipment that belonged to the liquidated India-based airline Kingfisher are being sold at auction and is primarily drawing interest from scrap dealers, according to a published report.
A late November online article by the Mumbai Mirror says the creditors who have commissioned the auction of “vans, lifts [and] trolleys” hope to raise 6.5 million rupees ($97,650) from the sale of items described as “in bad shape.”
Kingfisher stopped flying in early 2012 and defaulted to creditors including the State Bank of India later that same year.
The Mumbai Mirror article says “scrap dealers from Mumbai” have shown the greatest interest in the former Kingfisher items to be auctioned on Dec. 7, 2015. Those items include “15 cars, 11 mini-trucks, four tractors, four forklifts, 15 trolleys, 10 pushback vans, 11 aircraft pullers, cranes, shed ladders, fire extinguishers, generator sets and a trolley with staircases,” according to the Mirror.
The online auction is being conducted by SBICAP Trustee Company Ltd. and Auction Tiger. An Auction Tiger employee quoted by the Mirror says the parts and items being sold are “in bad condition [and] have to be written off and cannot be scavenged to be retrofitted on another aircraft.” The vehicles likewise are in bad shape, “some without steering wheels.”
The same auction company manager says he has fielded numerous calls from scrap dealers, with aerospace scrap items in particular generating significant interest.
Parts from bankrupt Indian airline sold for scrap
Former Kingfisher airline’s obsolete vehicles, jetway equipment being auctioned off.