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Govt gets Rs 5,814 cr revenue from AAI in four years

Apr 20, 2015

Govt gets Rs 5,814 cr revenue from AAI in four years

Raju said the ministry has requested the finance ministry to reduce the "burden of service tax on MRO work and state governments to reduce VAT (Value Added Tax) on aircraft parts to reduce overall maintenance charges of aircraft". #NewsTracker #Lok Sabha #Income tax #service tax #AAI #Federation of Indian Airlines #Ashok Gajapathi Raju Pusapati
Spicejet wants three-year breather on airport dues, AAI says no

Apr 16, 2015

Spicejet wants three-year breather on airport dues, AAI says no

AAIs per day billing to SpiceJet towards landing, parking and other support services currently stands at Rs 78 lakh. #Civil Aviation Ministry #NewsTracker #SpiceJet #AAI #Ajay Singh
SpiceJet requests deferment on payment of dues, but AAI unmoved

Apr 16, 2015

SpiceJet requests deferment on payment of dues, but AAI unmoved

The airline has also requested the Airports Authority of India (AAI) to waive the interest against these dues on account of payment of charges towards landing, parking and other support services availed by the carrier. #Business #NewsTracker #SpiceJet #AAI #Ajay Singh
AAI could lose Rs 900 cr this fiscal if charges are lowered at Delhi airport

Apr 14, 2015

AAI could lose Rs 900 cr this fiscal if charges are lowered at Delhi airport

The airport regulator AERA wants to reduce aeronautical charges (levies airlines pay for landing, parking etc) at Delhi airport by a steep 78%. If the Government allows AERA to do this, it is working against itself since it remains a stakeholder in the airport project. But If the Government allows the regulator to maintain aeronautical charges, there could be allegations of hurting airlines' bottomlines. #GMR #AAI #Airport Authority of India #Delhi Airport #Aviation Ministry #AERA #DIAL
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