Kingfisher averts showdown with MIAL, clears airport dues

Mumbai: The debt-laden Kingfisher Airlines today averted a major showdown with the Mumbai International Airport (MIAL), which had threatened to ban its operations over a payment default, by clearing the dues towards airport charges.
"We have received a cheque payment for Rs105.71 crore and with that the issues regarding payment default has been resolved. The airline can operate normally from our airport," Mumbai International Airport President Rajiv Jain said.
The MIAL had earlier this month threatened to prevent Kingfisher Airlines from operating out of its premises from today if the liquor baron Vijay Mallya-promoted carrier did not clear the dues worth Rs105.71 crore towards airport fees or opt for a cash-n-carry mode of payment.
Phone calls and text messages to Kingfisher did not elicit any response. Early this week, a senior MIAL official had told this agency that the response that Kingfisher had given to the airport was not satisfactory and that unless the airline cleared the dues by May 14, they would not be allowed to operate.
14/05/11 PTI/Daily News & Analysis

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Categories: Airports May 2011, Kingfisher May 2011