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KFA yet to clear Rs280 cr dues of AAI; stk slips--news006052012


Kingfisher Airlines ( KFA), which is reeling under more than Rs7,000 crore of debt, owes dues of about Rs280 crore to the Airports Authority of India ( AAI).


' KFA owes dues of Rs279.52 crore towards landing and parking, RNFC, Licence Fee, etc, to AAI,' Civil Aviation Minister Ajit Singh said.

He said continuous monitoring is done by the AAI to ensure that airlines pay their dues in time.

'In case of default in payment by airlines, measures like charging of penal interest, withdrawal of credit facility are taken and the airlines are put on 'Cash and Carry' policy,' he added.

Mr Singh said that reports have been received that employees of Air India and KFA have not been paid salary regularly.

'However, the Ministry has no information on the current status and extent to which salary and wages to the employees of private airlines have been paid,' he further added.
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