Several private airlines, now defunct, owed over Rs 200 crore to state-owned airport operator Airports Authority of India (AAI), which is making efforts to recover the outstanding amount, the Rajya Sabha was informed.
In a written reply to a query in Rajya Sabha, Minister of State for Civil Aviation K C Venugopal said these airlines have defaulted in payment of airport rentals, taxes, etc, which amounts to Rs 206.30 crore. As on March 31, Vijay Mallya-owned Kingfisher Airlines owes the maximum amount (excluding penal interest) of Rs 186.26 crore, followed by East West Airlines Rs 14.31 crore, NEPC Airlines Rs 2.74 crore, Paramount Airways Rs 1.75 crore, Continental Airlines Rs 0.95 crore and VIF Airlines Rs 0.29 crore.
The minister said AAI has taken some steps like monitoring of dues against private operators, issuing notices to airlines to settle their dues, charging of penal interest on account of delay in settlement of the bills and put airlines on 'cash and carry' if delay in payment persists to avoid recurrence of similar situation.
27/08/13 moneycontrol.com
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In a written reply to a query in Rajya Sabha, Minister of State for Civil Aviation K C Venugopal said these airlines have defaulted in payment of airport rentals, taxes, etc, which amounts to Rs 206.30 crore. As on March 31, Vijay Mallya-owned Kingfisher Airlines owes the maximum amount (excluding penal interest) of Rs 186.26 crore, followed by East West Airlines Rs 14.31 crore, NEPC Airlines Rs 2.74 crore, Paramount Airways Rs 1.75 crore, Continental Airlines Rs 0.95 crore and VIF Airlines Rs 0.29 crore.
The minister said AAI has taken some steps like monitoring of dues against private operators, issuing notices to airlines to settle their dues, charging of penal interest on account of delay in settlement of the bills and put airlines on 'cash and carry' if delay in payment persists to avoid recurrence of similar situation.
27/08/13 moneycontrol.com
