Tuesday, January 20, 2015

Mumbai Airport asks SpiceJet to clear dues

Mumbai: Mumbai Airport today asked budget carrier SpiceJet to immediately clear its dues amounting to Rs five crore and provide bank guarantee of Rs 15 crore, an issue the airline claimed has been "sorted out".
Mumbai International Airport Limited (MIAL), the private airport operator, in its notice to SpiceJet also said it will put the airline on cash-and carry mode of payment, if it did not make the payment, sources said.
 "SpiceJet has been told to pay Rs five crore, which it owes to the airport on account of landing and parking charges. Besides, it has also been asked to furnish a bank guarantee of Rs 15 crore as collateral against the future dues," they said here.
 The sources claimed that the private airport operator has already given a 50 per cent waiver in dues and it is "high time" the airline should clear all the outstanding payments.
 SpiceJet owes around Rs 240 crore to the Airports Authority of India for using its airports in the country as well.
20/01/15 PTI/Economic Times
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