Tags:
Journalism of Courage
Beleaguered budget carrier SpiceJet’s dues to foreign and Indian vendors, airport operators and oil firms grew from Rs 990 crore to Rs 1,230 crore in 18 days till December 10, the Lok Sabha was informed on Monday.
The airline’s dues to foreign vendors, including lessors of aircraft and maintenance, repairs and overhaul (MRO) facilities, rose from Rs 624 crore on November 24 to Rs 670 crore on December 5 and Rs 742 crore on December 10, minister of state for civil aviation Mahesh Sharma said.
Replying to a written question, he said the airline’s outstanding to Indian vendors, including oil firms, Airports Authority of India, private airport operators and ground handling agencies, stood at Rs 366 crore on November 24 and rose to Rs 488 crore on December 10.
Meanwhile, the carrier has presented a revival plan to the government, which will be discussed with oil firms and banks before taking a final decision, PTI quoted official sources as saying.
