AAI asks GoAir to pay Rs 15 crore after dues exceed bank guarantee

GoAir's dues at present stand at Rs 45 crore, while its bank guarantee is for a little over Rs 30 crore, according to a source.

By: PTI | New Delhi | Published: April 13, 2016 6:52 pm

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National airports operator AAI has asked Wadia Group airline GoAir to pay at least Rs 15 crore by Monday following its dues going up by more than its bank guarantee amount of over Rs 30 crore.

Airports Authority of India (AAI) has served the notice to GoAir in this regard, asking it to pay the amount by April 18, a source privy to the matter said.

GoAir’s dues at present stand at Rs 45 crore, while its bank guarantee is for a little over Rs 30 crore, the source said.

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“The AAI has asked the airline to bring down this outstanding amount to below Rs 30 crore and make payment of Rs 15 crore within the next five days,” the source said.

The Mumbai-based no-frills carrier has accumulated these dues to AAI on account charges relating to route navigation, landing and parking at its airports.

When contacted, the airline said it has always ensured to be within prescribed guidelines of the AAI on payment schedule.

“GoAir has a robust process and mechanism to manage dues with AAI. As a business practice we are always in constant communication with AAI in all business-related matters and we ensure to remain within prescribed guidelines,” airline spokesperson said in a text message response.

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