Thursday, April 11, 2013

Kingfisher Airlines can't fly on 'cash-and-carry' basis


New Delhi: Airports Authority of India (AAI) has made it clear that it would not allow Kingfisher Airlines to operate on 'cash and carry' basis till the grounded carrier cleared its dues amounting to almost Rs 400 crore.
In its revival plan submitted to aviation regulator DGCA yesterday, the cash-strapped airline is understood to have said that it has requested the AAI to allow them to fly on cash-and-carry basis, that is pay for the services as and when the airline avails of them.
AAI sources said that Kingfisher could be allowed to operate on a cash-and-carry mode only after it clears Rs 390 crore dues to the state-run airports body.
11/04/13 PTI/Indian Express
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