Business Daily from THE HINDU group of publications Thursday, Dec 25, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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Logistics
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Airlines
Our Bureau New Delhi, Dec 24 The developers of public and private airports are not getting their dues from the airlines on time because some of the carriers are not settling their dues, the Minister for Civil Aviation, Mr Praful Patel, informed Parliament on Tuesday. The airlines owe Airports Authority of India (AAI) Rs 1101.97 crore, including Rs 739.50 crore by Air India and Rs 286.62 crore by Air Deccan and Kingfisher. Similarly, Jet Airways and Jetlite together owe Rs 32.78 crore, Spicejet ( Rs 15.76 crore), Paramount Airways ( Rs 12.50 crore), Interglobe Aviation (Rs 6 crore) and Go Air (Rs 8.81 crore). Dues to Mumbai airportAirlines owe Mumbai International Airport Ltd more than Rs 85.76 crore, while Hyderabad International Airport Ltd (HIAL) dues from airlines stand at Rs 48.75 crore as on date and Bangalore International Airport Ltd (BIAL) has outstanding dues of Rs 41 crore from the airlines, the Minister said. In the case of Mumbai airport, Air India owes Rs 52.90 crore, Kingfisher Airlines (Rs 9.05 crore) Jet Airways (Rs 6.80 crore), Kingfisher/Air Deccan (Rs 5.06 crore), Go Air (Rs. 2.29 crore) Air India Charters Ltd (Rs 0.80 crore), Lufthansa (Rs 0.80 crore), Jetlite (Rs 0.71crore), Malaysia Airlines (Rs 0.63 crore), Emirates (Rs. 0.61 crore). The Minister said that the Government has given instructions to AAI to take all possible steps, including legal action, if warranted against the defaulting airlines. The Minister added that due to reduction in flights and passenger flow, there is reduction in the revenue on account of airport charges for AAI and other private airport operators. AAI has seen a decrease in revenue of about Rs 228 crore during April-September this year as compared to the corresponding period in the previous year. MIAL’s revenue has been on the lower side, for April-November, this year by about Rs 79.83 crore. HIAL has seen a total revenue decline by 15 per cent. More Stories on : Airlines | Jet Airways (India) Ltd
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