Jet Airways says cleared all dues to AAI

Mumbai: Private air-carrier Jet Airways on Saturday said its landing and parking fees outstanding were well within the normal credit limits prescribed by the Airports Authority of India (AAI).
"Jet Airways and JetLites' outstanding with the AAI as on March 31, 2008, stood at a very small fraction and well within the normal credit limit," Jet Airways Chief Executive Officer Wolfgang Prock-Schauer said in a statement.
The dues were subsequently fully cleared in April, he said. It is pertinent to note here Jet Airways also has security deposits with the AAI in the form of bank guarantee at any point of time, Prock-Schauer noted.
02/08/08 PTI/Economic Times

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Categories: Airports Aug 2008, Jet Airways Aug 2008