Tuesday, October 13, 2020

SpiceJet, GoAir still in cash-and-carry mode for AAI services

SpiceJet and GoAir are still in cash-and-carry mode for Airports Authority of India’s (AAI) services, meaning the airlines have to pay in full at the time of availing any goods or services from AAI. Sources told CNBC-TV18 that both airlines are in talks with AAI for a settlement plan.

SpiceJet owes AAI at Rs 122 crore as on August 31, and GoAir, Rs 52 crore. The two airlines have been on cash and carry mode for the dues payable for Airport Authority of India since August 1 and August 11 respectively.

12/10/20 CNBC TV18

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