milky way account opening pass
electronic gaming arena
188bet live chat,365 alternate website address,7m soccer exact score,advancebet lovebet c'est quoi,animal's slot machine,asia electronic game center,baccarat au discount code,baccarat free sign up,Baccarat Pair Odds,Baccarat Win or Lose Mark,baobo real person casino,behind the candy party ,bet007 soccer modifier,betting on 5 series 5 wrong game in sports lottery,betway you are offline,bodog baike,bons gins,buy software that can sell soccer lottery,candy party eat points,cara menang roulette live,casino 360 no deposit bonus,casino navigation,casumo glassdoor,chess l hoffer,classic rummy new account,cricket book fiction,cricket wellington book a net,crown website address,dafa888 cash deposit,dafabet virtual cricket tips,dgd candy party,dragon dance video game website,electronic entertainment related,electronic longyanheyan,esports prize money,Evolution Gaming,fishing report rush lake mn,football lottery 500 website,football lottery filtering app,football lottery odds url,football lottery quiz yesterday,football lottery website that can be filter,formal soccer quiz match app,fruit turntable slot machine,ga chess clubs,galaxy empire 3 online,galaxy jixiang official website,gamblers esports,gaming machine slot machine size,give away bonus online part time,golden sand casino porn web,gpi electronic game,h5 niuniu app end,happy8 account opening main page,hong kong lisboa duxia lottery newspaper,how much is dafa copen,How to play baccarat without losing money,huangyubo real people,intelligent soccer lottery recommendation software,Is online gambling real?,jiaduobao slot machine official website,jinqianbao international casino,juxing platform agent,laos jinmujin,leovegas betting app download,lianhuanduobao analysis,lianhuanduobao reward pool,lisboa account opening website sign up,lisboa official betting,live casino hotel phone number,live roulette near me,lottery betting web,lottery zodiac,lovebet contact number,lovebet not working in india,lovebet zahlungsmethoden,ludo movie,macau betting website evaluation,macau galaxy lianhuanduobao,macau golden sand stake,macau live website sign up,macau sanya international,macau the venetian reputation,mangrove casino,mg electronic gaming video,mobile 2 8 bars,mr billion sign up free 58 dollar,new bodog live,niuniu can withdraw commission,o chesse nan agen,online betting for real money bull fighting,online chinese football lottery first prize,online game hero wars,online poker cash game,online slots easy withdrawal,panda king second generation slot machine,physical football lottery app,poker emoji,porsche china official website,ptpt slot machine,quiz data analysis software,real money casino web,real people bojiu,real person god of gambler win 300 million,rmb live zhajinhua,rule hund,rummy variants lyrics,sanhe card game,shengyang fruit slot machine,side bet gambling web,slot machine at casino,slot machine golden sand silver sand,slot machine technique dawang,slots yakuza 5,soccer lottery forum 500,soccer lottery software function description,sports betting platform rental,sports n fitness,sportsbook wire mlb,taiwan bbin,texas holdem no money,The most reliable net,the venetian real person casino,tiger and lion slot machine,tt entertainment official website,Video game bus competition,wangpan football lottery quiz,weiying real person casino,what software is used to play soccer lottery,white tiget asia casino,world soccer lottery official website,xi'an entertainment electronic street,xinshengbo,yifa real person game,yongli website guide,zhejiang galaxy electronic factory
,SpiceJet clears all outstanding principal dues of AAI
milky way account opening pass
SpiceJet clears all outstanding principal dues of AAI
Follow us on
Image Source : PTI The Centre-run AAI had in 2020 put SpiceJet on a 'cash and carry' basis as the carrier was unable to clear its previous dues.
Highlights
SpiceJet said it has cleared all outstanding principal dues with Airports Authority of India (AAI)
AAI will release SpiceJet's INR 50 crore bank guarantee following the airline clearing of its dues
April-December period of 2021, the airline posted a net loss of Rs 1,248 crore
SpiceJet on Tuesday said it has entered into an agreement with the Airports Authority of India (AAI) and cleared all outstanding principal dues of the airport operator.
"With this, SpiceJet will no longer remain on 'cash and carry' at AAI-run airports across the country and will revert to advance payment mechanism for daily flight operations," the airline's statement noted.
The Centre-run AAI had in 2020 put SpiceJet on a 'cash and carry' basis as the carrier was unable to clear its previous dues. In the 'cash and carry' model, the airline has to make daily payments to the AAI for various charges -- navigation, landing, parking, and others -- to operate flights.
SpiceJet said on Tuesday: "In another big boost for the airline, AAI will release SpiceJet's INR 50 crore bank guarantee following the airline clearing all its principal dues. This will result in additional liquidity for the airline."
SpiceJet has been making losses for the last four years. It incurred net losses of Rs 316 crore, Rs 934 crore and Rs 998 crore in 2018-19, 2019-20 and 2020-21, respectively.
In the April-December period of 2021, the airline posted a net loss of Rs 1,248 crore. The airline is yet to declare results for January-March period of 2022.
Aviation regulator DGCA had on July 27 ordered SpiceJet to operate not more than 50 per cent of its flights, which were approved for summer schedule, for a period of eight weeks.
Related Stories
SpiceJet's Dubai-Madurai flight delayed as nose wheel malfunctions; 9th incident in 24 days
'Court cannot stop any airline's operation': Delhi HC rejects plea to ground SpiceJet aircrafts
SpiceJet confirms flight departures on time; says 'confident of addressing DGCA concerns'
SpiceJet's Mumbai-Kandla flight aborts take off as caution alert lights up; 9th incident in 40 days
On July 6, the Directorate General of Civil Aviation (DGCA) had issued a show-cause notice to SpiceJet following at least eight incidents of technical malfunction in its aircraft since June 19.
Also Read | SpiceJet's Mumbai-Kandla flight aborts take off as caution alert lights up; 9th incident in 40 days
