Major domestic airlines owe around 250 crore to AAI: Govt

“The amount due from major private airlines as on June 30 is: Go Airlines- Rs 1,335.82 lakhs, Interglobe Aviation Limited - Rs 989.91 lakhs, Jet Airways Rs 3,309.12 lakhs, Jet Lite (India)- Rs 1,418.42 lakhs, Kingfisher Airlines- Rs 14,968.70 lakhs, Paramount Airways-Rs 1,300.76 lakhs and Spicejet Limited- Rs 1,655.28 lakhs,” Civil Aviation Minister Praful Patel said in a written reply in the Rajya Sabha.

He said invoice for airport charges are raised on fortnightly basis against the airlines and 15 days credit is allowed to the private domestic airlines against security deposit equivalent to their two-month billing.

Replying to another query, Patel said AAI was planning to spend Rs 12,434 crores for modernising airports and air traffic services across the country during the 11th Five Year Plan period.

He added that these development projects would be financed through internal resources and borrowings by the AAI.