Friday, April 17, 2015

SpiceJet Requests Deferment on Payment of Dues: Report

Budget-carrier SpiceJet has sought a deferment of three years on the payment of dues of Rs 211 crore to AAI though sources said that the airport operator is disinclined to entertain the request after the airline received a recent infusion of funds.

The airline has also requested the Airports Authority of India (AAI) to waive the interest against these dues on account of payment of charges towards landing, parking and other support services availed by the carrier.

The dues in question run for a period of 18 months.
16/04/2015/Press Trust of India/profit.ndtv
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