Two airports put Air India, Kingfisher on cash-and-carry from June 1

Mumbai: The burden of unpaid bills again caught up with Air India on Friday and could catch up with Kingfisher Airlines by the coming Wednesday.

In a late evening development, GMR operated Delhi and Hyderabad airport announced that Air India and Kingfisher Airlines have been put on a cash-and-carry basis from June 1. This would mean that the two airlines need to clear their airport charges for every take-off and landing before operating flights out of the two airports.

In a statement, the airport said this was being done ``in order to control the significant dues recoverable from the two airlines”.

27/05/11 Business Line

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Categories: Air India May 2011, Airports May 2011, Kingfisher May 2011