Private airlines owe 304.65 Crore to Airport Authority

Friday, 30 July 2010, 05:10 Hrs
Printer Print Email Email
New Delhi: Private airlines owe 304.65 crore to the state-run Airports Authority of India (AAI) as on 30 June, 2010, Civil Aviation Minister Praful Patel said in the Lok Sabha.

"Airports Authority of India (AAI) is in constant touch with the airlines for realization of the dues," Patel said.

Kingfisher Airlines owes the maximum 184.87 crore, followed by Jet Airways ( 36.33 crore), Jet Lite ( 14.66 crore) and Indigo ( 11.19 crore).

"Whenever any private airline defaults in making payments, notice for operation on "cash and carry" basis is issued besides recovery of dues from security deposit and other related action," Patel said.
Source: IANS
SPOTLIGHT
GST rate cut to spur Bengaluru
The realty market in India's tech hub is set to grow as lower Goods and Services Tax (GST) rate..
Fossil Group sells smartwatch
Global watch and accessories maker Fossil Group has announced to sell its smartphone technolog..
SpiceJet plans aggressive
Budget passenger carrier SpiceJet plans to aggressively expand its international networks to fl..
Ola raises Rs 400 cr for electric
Leading ride-hailing cab aggregator Ola on Friday said it raised Rs 400 crore from its early in..