Thursday, July 30, 2020

AAI defers decision to put SpiceJet on cash and carry mode

Mumbai: Airports Authority of India (AAI) has "deferred" its decision to put SpiceJet NSE -0.95 % on cash and carry mode till further notice and operations of the carrier continue to be normal as before, an airline spokesperson said on Thursday. On Wednesday, state-owned AAI had decided to put the carrier on cash and carry mode but the decision was deferred later in the day.
Airlines usually pay monthly charges to airport operators. Under the cash and carry mode, carriers have to make payments on a daily basis to avail services for their flights.
"The Airports Authority of India (has) deferred its decision to put SpiceJet on cash and carry. We continue to have normal operations at all AAI-run airports as before without any impediments," the airline spokesperson said.
The response was for a query on whether AAI has put the airline on cash and carry mode.
AAI had told its regional executive directors on Wednesday to work out modalities for implementing the cash and carry mode for SpiceJet. However, later on Wednesday, the decision was deferred till further orders, according to communications issued by AAI.
30/07/20 PTI/Economic Times

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