INSUBCONTINENT EXCLUSIVE:
AirAsia's dues swelled by 14.29 per cent to Rs 2,636.34 crore by October 31, 202AirAsia India said on Wednesday it has paid all its dues
to the Airports Authority of India (AAI) and the airline was making all payments as per credit terms on due dates from September 2021.PTI
had on December 26 reported that AirAsia India's dues to the AAI increased from Rs 1.47 crore in January 2020 to Rs 3.58 crore in October
2021, as per AAI's internal documents.An airline has to pay for air navigation, landing and parking among others to the AAI, which is
under the Ministry of Civil Aviation, to use facilities at its airports, numbering more than 100
We are making all payments as per credit terms on due dates from September and there are no dues as on date." Operational costs always
increase in proportion to the number of flights operated and guests flown, the spokesperson mentioned."In this period, from September to
today, we have paid out Rs 59 crore within the due dates as per the policy of the Airports Authority," the spokesperson added
on January 1, 2020, the AAI documents, accessed by PTI, stated.These dues swelled by 14.29 per cent to Rs 2,636.34 crore by October 31,
2021, the documents mentioned.
