Tuesday, August 27, 2013

Kingfisher owes Rs 186 cr to AAI

New Delhi: Kingfisher Airlines owes Rs 186.26 crore to Airports Authority of India while East West Airlines owes it Rs 14.31 crore till March 31 this year, Minister of State for Civil Aviation K.C. Venugopal told the Rajya Sabha on Tuesday.
The Minister said AAI was making efforts to recover the dues from private airlines which have defaulted in payment of airport rentals and taxes among others. The actual amount which these and some other airlines owe is likely to be a lot more as penal interest on the outstanding amount has not been calculated, the Minister said.
27/08/13 Business Line
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