Wednesday, December 24, 2008

Airport developers not getting dues from airlines

The Minister for Civil Aviation, Shri Praful Patel informed the Parliament today that airport developers both in public and private sectors are not getting their dues from the airlines on time because some of the airlines have not been settling their dues in the requisite time period.
In respect of Airports Authority of India’s (AAI), the defaulting airlines are (Rs. in crores) NACIL - Air India - 739.50; Air Deccan -Kingfisher - 286.62; Jet airways / Jetlite - 32.78;Spicejet-15.76; Paramount Airways - 12.50; Interglobe Aviation - 6.00; Go Air - 8.81. Mumbai International Airport’s dues are as follows: NACIL-52.90; Kingfisher Airlines - 9.05; Jet Airways - 6.80; Kingfisher / AirDeccan - 5.06; Go Airlines - 2.29; Air Indian Charters Ltd - 0.80; Lufthansa Airlines - 0.80; JetLite (India) Pvt Ltd - 0.71; Malaysia Airlines - 0.63; Emirates - 0.61; Indigo Airlines - 0.57 Spice Jet Ltd - 0.55; Singapore Airlines - 0.42; British Airways - 0.30; Kuwait Airways - 0.27; Dutch Airlines - 0.26; Airlines Allied Services - 0.25; Kenya Airways - 0.25; Elal Israel Airlines Ltd - 0.23; Qatar Airways - 0.21; Saudi Arabian Airlines - 0.20; Ethiopian Airlines - 0.20; Other airlines - 3.18. Airlines owe Hyderabad International Airport Limited (HIAL) 48.75 crores as on date. The total dues of airlines as on 15.12.2008 on Delhi International Airport Limited (DIAL) is Rs.84.50 crores. Bangalore International Airport Limited (BIAL) has an outstanding dues of Rs.41 crore from the airlines. Cochin International Airport Limited (CIAL) have also informed that there are some dues from National Carriers as well as from the private airlines and they are constantly following up with these airlines for early settlement of the same.
Government has given instructions to AAI to take all possible steps including legal action, if warranted against the defaulting airlines.
Due to reduction in flights and passenger flow , there is reduction in the revenue on account of airport charges for AAI and other private airport operators. AAI has a decrease in revenue to the tune of Rs.228 crores during April to September 2008 as compared to the corresponding period in 2007. MIAL's aeronautical revenue has been on a lower side, for the period April, 2008 to November, 2008 by about Rs.79.83 crores. HIAL has seen a total revenue decline by 15%. DIAL has indicated reduction in revenue of Rs.50 crore (Approx.) for the year 2008-09. BIAL has also an impact to a certain extent. However, there is no major impact on CIAL due to the reduction in number of flights and passengers.
23/12/08 Press Information Bureau
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