 "court, order, legal, supreme court, amendment, laws")
Cox & Kings is initiating legal action against International Air Transport Association while sister concern ezeego1 is downsizing its business after being suspended from selling airline tickets on credit.
IATA decided to review the tour operator’s credit worthiness on June 28 after it defaulted on commercial paper payments of Rs 150 crore. eezego1, too, was suspended from selling tickets because of common ownership.
Cox & Kings defaulted on its ticket payments worth $0.84 million (about Rs 5.7 crore) last week, as customers withheld payments following IATA action. The move has also hit ezeego1 hard as it earns over 90 per cent of
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