Monday, 6 December, 2021
HomeBusiness"Air India To Pay Outstanding Dues Of Rs 2,000 Crore": AAI

"Air India To Pay Outstanding Dues Of Rs 2,000 Crore": AAI

Authorities disinvested a 100 per cent stake to Tata Sons of Air India

Air India has to pay excellent dues of Rs 2,000 crore to the Airport Authority of India (AAI) associated to touchdown, parking and different costs, stated the Chairman of AAI.

Chatting with ANI, Sanjeev Kumar, Chairman of AAI, stated, “It isn’t the truth that there may be a lot of debt on airways. I don”t suppose there may be a lot debt besides Air India… I believe it is over 2000 crores dues and we’re pretty assured that we’d recuperate the previous dues from them.”

“Different airways are additionally carrying debt however not very very similar to Air India. Other than Air India, no important dues from different airways are pending. One or two remoted disputed quantity is the place the airways and airport might need some distinction of opinion and it have to be raised their numerous discussion board both authorized continuing or negotiations,” the AAI Chairman added.

Just lately, the Centre efficiently disinvested a 100 per cent stake to Tata Sons of Air India, however pending dues by Air India must be famous to the brand new proprietor.

Talace Pvt Ltd, a wholly-owned subsidiary of Tata Sons, has received the bid for buying Air India, marking the tip of the method to privatise the nationwide service with the federal government approving its disinvestment.

The CCEA-approved Air India Particular Various Mechanism (AISAM) authorised the best value bid of Talace Pvt Ltd for the sale of 100 per cent fairness shareholding of the Authorities of India in Air India together with fairness shareholding of Air India in AIXL and AISATS.

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