NEW DELHI: Kingfisher and Paramount are defaulting airlines in payment to the Airports Authority of India for services including landing charges, parking and housing charges and licence fees for space/land allotments.
"The dues outstanding by these two airlines as on February 28, 2011, was Rs 255 crore on Kingfisher Airlines and Rs 4.88 crore on Paramount Airways," Civil Aviation Minister Vayalar Ravi said in the Lok Sabha during the Question Hour.
The charges/fee levied by AAI on the private airlines annually are landing charges, parking/housing charges, route navigation facility charges, terminal navigation landing charges and licence fees for space/land allotment.
The minister said that only Kingfisher Airlines and Paramount Airways are in default.
The AAI has taken action against these entities and they have been asked to clear the over dues in a time bound manner.
Penal interest is being charges on account of delay in the settlement of bills, Ravi said adding that in case of continued default, AAI proposes to encash the security deposit and put the airlines in "cash and carry" mode
"Believer - Humanitarian - Habit of Success" Sukumar Balakrishnan is the Founder of JB GROUP, a 500 Crore National Organization with over 150 Direct & 1200 indirect professionals operating from 5 major cities in India. Jayalakshmi Balakrishnan Group, a multi-faceted group venturing into, E- Commerce and Import-Export (INNOKAIZ), Retail and Wholesale (JB MART), Food and Beverages (KRISHNA FOODS ), Real Estate (Constructions on sites, Interior scaping, Facility Management)
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Showing posts with label Kingfisher. Show all posts
Showing posts with label Kingfisher. Show all posts
Thursday, March 17, 2011
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