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Wadia’s No Frill GoAir Asked To Clear Dues Of Rs 15 Cr Immediately

[New Delhi]Wadia’s No Frill GoAir Asked To Clear Dues Of Rs 15 Cr Immediately
AAI Today asked GoAir to pay Rs 15 Crore.Airline Has Bank Guarantee Of Rs 30 Crore Only Whereas Dues Are 45 Crores
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,
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.
“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 Mumbai-based no-frills carrier has accumulated these dues to AAI on account charges relating to route navigation, landing and parking at its airports.