Don’t miss the latest developments in business and finance.

Major domestic airlines owe around 250 cr to AAI: Govt

Image
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 12:00 AM IST

The government today said that the major domestic airlines owe around Rs 250 crore to the Airport Authority of India (AAI) for using its facilities at different airports across the country.

"The amount due from major private airlines as on June 30 is: Go Airlines- Rs 1,335.82 lakhs, Interglobe Aviation - Rs 989.91 lakhs, Jet Airways Rs 3,309.12 lakhs, Jet Lite (India) - Rs 1,418.42 lakhs, Kingfisher Airlines - Rs 14,968.70 lakhs, Paramount Airways - Rs 1,300.76 lakhs and Spicejet - Rs 1,655.28 lakhs," Civil Aviation Minister Praful Patel said in a written reply in the Rajya Sabha.

He said invoice for airport charges are raised on fortnightly basis against the airlines and 15 days credit is allowed to the private domestic airlines against security deposit equivalent to their two-month billing.

Replying to another query, Patel said AAI was planning to spend Rs 12,434 crore for modernising airports and air traffic services across the country during the 11th Five Year Plan period.

He added that these development projects would be financed through internal resources and borrowings by the AAI.

Also Read

First Published: Jul 28 2009 | 2:13 PM IST

Next Story