New Delhi: Tightening the screw on cash- strapped budget carrier SpiceJet, Airports Authority of India ( AAI) is considering putting the airline on the cash-and-carry mode soon if it does not furnish a bank guarantee against its dues to the airport operator, which stand at around Rs 200 crore.
"AAI is planning to put SpiceJet on cash-and-carry mode from Wednesday if it does not by that time furnish to the airport operator a bank guarantee against its dues," sources said.
Also, aviation regulator DGCA is likely to issue a show- cause notice to the airline for defying its directives regarding advance bookings, sources said here.
"DGCA is likely to issue a show-cause notice to SpiceJet as the airline continues accepting advanced bookings of beyond one month against the directives on the issue," official sources said here.
08/12/14 Economic Times
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"AAI is planning to put SpiceJet on cash-and-carry mode from Wednesday if it does not by that time furnish to the airport operator a bank guarantee against its dues," sources said.
Also, aviation regulator DGCA is likely to issue a show- cause notice to the airline for defying its directives regarding advance bookings, sources said here.
"DGCA is likely to issue a show-cause notice to SpiceJet as the airline continues accepting advanced bookings of beyond one month against the directives on the issue," official sources said here.
08/12/14 Economic Times
