'Kingfisher, Jet Airways, SpiceJet top debt list'

Posted By: Staff
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New Delhi, Dec 4: While the state-run airlines Air India doubled its losses a few days back, the plight of the private domestic airlines are not any better. Civil Aviation Minister Praful Patel has revealed that Kingfisher, SpiceJet and Jet Airways top the list of airlines which owe big to Airports Authority of India (AAI).

In a written reply to the Lok Sabha, Patel on Thursday, Dec 3 informed that Kingfisher, Jet Airways and SpiceJet lead the pack of private domestic airlines that have not cleared their dues to the airports operator.

While Kingfisher with Rs 167.9 crore, Jet Airways with Rs 64.54 crore and SpiceJet with Rs 15.43 crore have the largest outstanding dues payable to the AAI as of Oct 31, other airlines yet to clear outstanding dues include GoAir with Rs 9.08 crore, Indigo with Rs 8.72 crore and Paramount Airways with Rs 8.53 crore.

Aviation industry across the world has been one of the worst affected sector by the global economic slump.

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