Jet Airways Delays Some Airport Payments
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.