Tuesday, December 16, 2014

Six Indian carriers owe Rs 5,889 cr to AAI, 3 oil companies

New Delhi: Six Indian carriers, including beleaguered SpiceJet and now-collapsed Kingfisher Airlines and Paramount Airways, jointly owe a whopping Rs 5,889 crore to Airports Authority of India (AAI) and three state-run oil companies, RajyaSabha was informed today.

While Air India led the airlines in the outstandings to the AAI at Rs 962 crore, SpiceJetBSE 2.58 % owed the state-run airports body Rs 173.09 crore and Kingfisher Rs 172.69 crore, Minister of State for Civil Aviation Mahesh Sharma said in reply to a written question.

GoAir had dues worth Rs 43.80 crore as on December 10, while IndiGo's outstanding was Rs 40.94 crore and Jet Airways' Rs 30.84 crore, he said.
16/12/14 PTI/Economic Times
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