Kingfisher Airlines owes about Rs 295 crore to AAI

Total dues worth Rs 710.14 crore are owed by private airlines to the AAI

Kingfisher Airlines owes about Rs 295 crore to AAI
Press Trust of India New Delhi
Last Updated : Mar 16 2016 | 12:49 AM IST
Defunct Kingfisher Airlines owes the Airport Authority of India (AAI) Rs 294.57 crore and three cases in the court have already been initiated in this regard, government said on Tuesday.

During the Question Hour in Rajya Sabha, Civil Aviation Minister Ashok Gajapathi Raju said that of these three cases, one is a recovery suit filed at the High Court in Mumbai while the other two are bounced cheque cases, which are slated to come up in court later this month.


Total dues worth Rs 710.14 crore are owed by private airlines to the AAI, Raju said, adding among the other airlines which owed money to the AAI were Indigo (Rs 71.81 crore), Jet Airways (Rs 41.16 crore) and Spicejet (Rs 63.28 crore).

As members pressed for more details, Raju said legal processes have been initiated and added that "this should not have ever happenned but we cannot set the clock back". He said the government would try not to make the "mistakes of the previous government."

Upset at the Minister's remarks, Congress member Vijaylaxmi Sadho said rather than blaming the previous UPA regime, the government should say what it was doing to get the dues back.

A Congress member also sought to know the amount owed by Air India to the AAI. The minister said Air India "owes a lot of money" and he would provide the details to the members.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 16 2016 | 12:32 AM IST

Next Story