City
Epaper

Air India has outstanding dues of Rs 2000 cr for landing, says AAI

By ANI | Updated: November 3, 2021 19:40 IST

Air India has to pay outstanding dues of Rs 2,000 crore to the Airport Authority of India (AAI) related to landing, parking and other charges, said the Chairman of AAI.

Open in App

Air India has to pay outstanding dues of Rs 2,000 crore to the Airport Authority of India (AAI) related to landing, parking and other charges, said the Chairman of AAI.

Speaking to ANI, Sanjeev Kumar, Chairman of AAI, said, "It's not the fact that there is lots of debt on airlines. I don't think there is much debt except Air India... I think it's over 2000 crores dues and we are fairly confident that we would recover the past dues from them."

"Other airlines are also carrying debt but not very much like Air India. Apart from Air India, no significant dues from other airlines are pending. One or two isolated disputed amount is where the airlines and airport might have some difference of opinion and it must be raised their various forum either legal proceeding or negotiations," the AAI Chairman added.

Recently, the Centre successfully disinvested a 100 per cent stake to Tata Sons of Air India, but pending dues by Air India need to be noted to the new owner.

Talace Pvt Ltd, a wholly-owned subsidiary of Tata Sons, has won the bid for acquiring Air India, marking the end of the process to privatise the national carrier with the government approving its disinvestment.

The CCEA-approved Air India Specific Alternative Mechanism (AISAM) approved the highest price bid of Talace Pvt Ltd for the sale of 100 per cent equity shareholding of the Government of India in Air India along with equity shareholding of Air India in AIXL and AISATS.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Airport authority of indiaSanjeev KumarAir IndiaFirst air indiaAir india airbusNational carrier air indiaHouse of tataGoogle india codeNew delhi australia indiaTata sons spvAir india-tata
Open in App

Related Stories

MumbaiCockroaches Spotted on Air India Flight from San Francisco to Mumbai; Plane Cleaned in Kolkata

MumbaiAir India Flight AI-2744 From Kochi Overshoots Runway at Mumbai Airport

National'Bias Towards Pilot Error': Airline Pilots’ Association of India Questions Air India Crash Probe Findings

NationalBoeing Issues Statement on Air India Crash Report, Says 'Continue to Support Investigation'

NationalAir India Delhi to Washington Flight AI-103 Cancelled Midway in Vienna Due to Technical Snag

National Realted Stories

NationalT'gana CM Revanth Reddy meets Rahul Gandhi, Mallikarjun Kharge

NationalDrugs, foreign cigarettes valued at Rs 9.47 crore seized in Mizoram; one held

NationalHeavy rains bring Hyderabad to standstill, alert sounded

NationalOdisha govt inks MoU with IIM, Sambalpur to foster bio-economy

NationalRahul Gandhi’s dinner meet brings together INDIA Bloc on electoral integrity