Tuesday, February 19, 2013

Airports Authority of India asks Kingfisher to pay Rs 390 cr in dues before resuming operation


New Delhi: Troubles never seem to end for Kingfisher Airlines with state-run Airports Authority of India today tightening the noose saying it wanted a "firm commitment" from the grounded carrier for clearance of over Rs 390 crore worth of dues before it is allowed to fly again.
"Our dues are more than Rs 390 crore, inclusive of penal interests. So we are asking a firm commitment in that because so far, what they have committed could not be honoured. We are asking for a firm commitment on the payment of the dues," AAI Chairman V P Aggarwal said here.
Replying to questions, he said "though there is news that they are planning to restart operations, but there has not been any concrete proposal to us for dilution of our dues."
Asked whether the state-run airports body would settle for some "partial payment" of dues, Aggarwal said "we already had some cheques (from Kingfisher). One cheque of Rs 117 crore could not be encashed.
19/02/13 PTI/Economic Times
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