Jet Airways Delays Some Airport Payments

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Published: April 12, 2012

Indian carrier Jet Airways said on Wednesday there has been some delays in its payments to airports due to rising fuel costs and a depreciating rupee.

“However, large part of our outstandings are backed by bank guarantees,” the airline said in a statement.

A senior government official said Jet Airways owes about INR220 million rupees (USD$ 4.28 million) to Bangalore airport.

Airwise News Top Stories

Tagged with: , , , ,

Email This Post Email This Post