Mumbai: Dark clouds seem to have permanently enveloped the skies for Kingfisher and there appears to be no silver lining. According to sources at India's two biggest airports -- Mumbai and Delhi -- the airline has recurrently failed on its promises and with pending dues increasing day by day, tough decisions are likely in the next ten days. In fact, if the situation doesn't change, the carrier might be barred from operating by the two airports, sources say.
Mumbai International Airport Limited, a consortium of GVK Infrastructures, has pending dues of more than
Rs 70 crore with Kingfisher. "We put them on cash-and-carry after they failed to clear past dues in a stipulated time period. Now they are defaulting even on the present arrangement. As per the agreement, we can restrict their operations, but to avoid any passenger inconvenience we still haven't done so. We have written to the airline many times and have asked them to stick to the agreement. If they continue to default on payment, we will have to take strong decisions as we also have a limited capacity," said a source close to GVK Infrastructures.
28/03/12 Bipin Kumar Singh/MiD DAY
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