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December 2nd, 2008 Plane is of company owned by us: Majithia RUBBISHING CONGRESS leader Capt Amarinder Singh's statement that the Badals had purchased a Rs 24-crore plane, Information and Public Relations Minister Bikram Singh Majithia today said the allegations "only speak of the level of self-deception to which his (Capt's) political desperation and isolation had driven him". "We have not one but four planes, three since the 1970s. But all belong to companies of which my father Satyajit Singh Majithia and brother Gurmehar Singh are the directors," said the min ister in a press statement here. "My family is in the aviation business for nearly 40 years now and Capt Amarinder knows it because he has several times flown in our planes as a passenger," he added. The minister termed the fresh allegations levelled by the former chief minister as "a resumption of Amarinder's desperate resort to shooting arrows in the dark". "He wants people to believe that a passenger aircraft is a toy plane that can be bought in a fun market with black money And he thinks one can in . scribe one's name on an aircraft like one on a tractor trolley," the minister said. Capt Singh had given the inscription of the letters "PSB" on the plane as proof that it belonged to Parkash Singh Badal. The initials, in fact, refer to an aviation code given by the Director General of Civil Aviation (DGCA). Majithia said the plane had been bought by Orbit Aviation Private Limited, promoted by his father and brother, and which was an off-shoot of Saraya Aviation Company . The plane was purchased by taking a loan of Rs 19.25 crore from Punjab National Bank, New Delhi. Orbit Resorts has also subscribed share application in it. These are companies with certification for engaging in non-scheduled air transport service, he said. Majithia said "unlike Amarinder, the Majithias and Badals were dutiful, tax-paying citizens". He said Capt Amarinder had declared his total annual income for the year ending March 31, 2006 as Rs 5.29 lakh, which comes to less than Rs 50,000 per month. The source was declared as sale of milk. "Moving in a fleet of Mercedes and other expensive cars, he wants Punjabis to believe this to be true. But this poor dairyman stays in expensive hotels," he said.