AAI to ask SpiceJet for part-payments

Concerned over the rising overdues in airport charges, the Airports Authority of India (AAI) is considering asking SpiceJet to make partial payments of landing, parking and navigational services’ fees on a daily basis from January 16.
Sources in AAI informed SpiceJet’s dues have shot up to Rs 260 crore from Rs 200 crore in the last one month.
“We are trying to support the airline as we would not want it to shut down operations. But overdues including interest has increased to around Rs 260 crore. We have discussed the matter internally and decided to ask them to give additional bank guarantees and make current payments for 50 per cent of airport and navigation expenses incurred for daily operations from Jan 16”, said a senior government official on condition of anonymity.
SpiceJet received a breather on payment of airport charges till December 31, 2014, which was extended by an added 10 days and now till Jan 15, 2015.

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