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Tuesday, 16 September 2014

Airports Authority of India asks GoAir to clear Rs 70 crore of dues

New Delhi: While airlines in India are making consumers happy by offering a slew of discounts, some are falling back on payments to the Airports Authority of India (AAI) and are delaying requests for an increase in bank guarantees.

The AAI has sent a notice to GoAir, asking it to clear dues of Rs 70 crore in landing and parking charges. The manager of the nation's airports has also sought a meeting with Jet Airways to discuss a long-pending request for increasing the amount of its bank guarantee, furnished as a cover for payments.

"GoAir had been quite regular with payments but they have not paid us for the last over two months and we have sent them a notice to clear the Rs 70 crore dues as early as possible. The issue with Jet Airways is going on for quite some time now and we have called them for a meeting," said a senior AAI official, who did not want to be identified. The official said AAI had asked Jet Airways, in which Etihad Airways acquired a stake, to increase the amount of its bank guarantee to Rs 1.2 crore from Rs 66.26 lakh.
Read news in full 13/09/14 Economic Times

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