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Air India owes Rs 1,200 cr, says Airports Authority

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Reuters Mumbai
Last Updated : Feb 02 2013 | 11:04 AM IST

State-run Air India owes the Airports Authority of India (AAI) Rs 1,200 crore while debt-laden private carrier Kingfisher Airlines owes Rs 235 crore, AAI Chairman VP Agrawal told reporters.

"The sector is under a lot of stress, and we can't take a unilateral decision on one airline. Grounding flights (of Kingfisher) will impact revenues and reduce connectivity further," he said.

AAI is responsible for managing the civil aviation infrastructure in the country.

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First Published: Jan 31 2012 | 12:00 AM IST

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