Cheques of many Airlines to AAI have bounced
1 Apr, 2012As per a reply provided by the Airports Authority of India (AAI) to an application filed under the RTI Act, five cheques amounting to Rs 122.07 crore could not be encashed due insufficient funds in the accounts of the Kingfisher airline.
Apart from Kingfisher, the cheques presented to AAI by other airlines, both domestic as well as international, too have bounced during the last two years. The domestic airlines include IndiGo, Jet Airways, JetLite while the international airlines include Emirates and Qatar Airways. It was not clear whether any action has been initiated by AAI against these airlines as per law which permits filing of suit for recovery of funds when a cheque bounces.
The AAI owns, controls and manages 92 airports and 28 civil enclaves at defence airfields. It provides air traffic services over the entire Indian airspace and adjoining oceanic areas and charges the airlines for it.