The bankers consortium trying to recover the debt of liquor baron Vijay Mallya will auction the trademarks of Kingfisher Airlines, including the'Kingfisher' logo and the once-famous 'Fly the Good Times' tagline.

The auction is scheduled for Saturday, with a reserve price of Rs 366 crore, for the trademarks, which also include Flying Models, Fly the Good Times, Funliner, Fly Kingfisher, Flying Bird device.

The bankers are able to auction the logos because Kingfisher had pledged the trademarks as collateral with banks at the time of taking loans from them.

Earlier the creditors had put the Kingfisher House, the erstwhile headquarters of the defunct carrier up for auction, but failed to attract any potential buyers.