Defunct pvt airlines owe Rs 206 crore to AAI: Minister

Several private airlines, now defunct, owed over Rs 200 crore to state-owned airport operator Airports Authority of India (AAI), which is making efforts to recover the outstanding amount, the Rajya Sabha was informed.

In a written reply to a query in Rajya Sabha, Minister of State for Civil Aviation K C Venugopal said these airlines have defaulted in payment of airport rentals, taxes, etc, which amounts to Rs 206.30 crore.

As on March 31, Vijay Mallya-owned Kingfisher Airlines owes the maximum amount (excluding penal interest) of Rs 186.26 crore, followed by East West Airlines Rs 14.31 crore, NEPC Airlines Rs 2.74 crore, Paramount Airways Rs 1.75 crore, Continental Airlines Rs 0.95 crore and VIF Airlines Rs 0.29 crore.

Full report here Business Standard 


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