Kiwi users can now enjoy one complimentary airport lounge access for every ₹50,000 spent via Credit Card on UPI on the Kiwi platform.
Adani Group's subsidiary Adani Airport Holdings Ltd (AAHL) on Sunday said passengers at airports across the country have been experiencing disruptions in airport lounge access, owing to the abrupt suspension of the services by Dreamfolks. AAHL, in a statement, said it is "actively working" with the banks to facilitate the immediate resumption of services, which have not yet been restored. AAHL operates seven airports in the country -- Mumbai, Ahmedabad, Lucknow, Jaipur, Guwahati, Thiruvananthapuram and Mangaluru. "Passengers at airports across India have been experiencing disruptions in lounge access. This is due to the unexpected suspension of services by Dreamfolks Services Ltd, a lounge access provider partnered with several banks, in violation of its service agreements with the affected airports," AAHL said in the statement. AAHL is working with banks to facilitate the immediate resumption of services, it said, adding, "despite our requests, services through Dreamfolks have not
Spends made in a preceding calendar quarter will unlock access for the subsequent calendar quarter
Before using your credit card for lounge access, it's essential to review the terms and conditions
The company currently earns 99% of its revenues from providing technology solutions connecting banks (and their debit and credit cards) with airport lounges
Enhanced partnership allows eligible Visa cardholders across Asia Pacific access to SmartDelay, Collinson's airport lounge solution in the case of flight delays or cancellations, with immediate effect
With Monday's decline, the stock corrected 35 per cent from its listing day high value of Rs 550
In the grey market, shares of Dreamfolks Services were trading at Rs 75 per share, which implies listing at Rs 401 per share against the upper price band of issue price.
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