Friday, April 12, 2013

AAI won’t allow Kingfisher Airlines to fly again


 
 
 
 
NEW DELHI: State-run Airports Authority of India (AAI) has categorically ruled out giving permission to Kingfisher Airlines (KFA) to fly again till it clears dues of Rs 300 crore. KFA CEO Sanjay Aggarwal had told Director General of Civil Aviation (DGCA) Arun Mishra on Wednesday that the airline had requested AAI to allow it to fly on cashand-carry .

"No one from KFA has got in touch with us. All we used to get till some months back were promises of payment , which were never kept. KFA has to clear dues first and then be on cashand-carry ," said a senior AAI official. AAI chairman V P Agrawal confirmed this stand of the authority. AAI is consulting its legal department on how to fast track bounced cheque cases filed against the grounded airline. "Some cheques given by KFA bounced. We have filed cases against the airline as giving a cheque that can't be cashed due to lack of funds is a criminal offence," V P Agrawal said.

Meanwhile, lessors of aircraft to KFA have finally started repossessing their aircraft that had been impounded by various agencies with massive dues to the airline like banks, tax agencies and airports. Two aircraft flew out of India on Wednesday — when the airline management was seeking nod to restart operations from DGCA. AAI got some money as Mishra had ruled that lessors will have to pay parking charges from the day the aircraft are de-registered from KFA's name to the date they are flown out.
 
 Paritosh Ranjan
PGDM 2sem

No comments:

Post a Comment