Home » Odds & Ends » Mallya buys 50 percent stake in US private jet

Mallya buys 50 percent stake in US private jet

By LIFS October 2, 2007 at 10:01 AM
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Indian business tycoon Vijay Mallya is acquiring a 50 percent stake in Epic Aircraft, a U.S.-based manufacturer of private jets.

Mallya, who owns India's largest liquor company and Kingfisher Airlines, reportedly paid $120 million for the stake.

The Oregon-based aircraft company manufactures private jets designed for 6 to 7 people. 

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Odds & Ends | Magazine | October 2007

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