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SpiceJet Deposits Rs. 20 Crore Bank Guarantee To Airport Authority

Thursday, November 29, 2018, 10:30 AM

Budget passenger carrier SpiceJet deposited an additional bank guarantee worth Rs.20 crore to the state-run Airports Authority of India (AAI). According to an airline official, the additional bank guarantee is over and above the Rs.104 crore which the airline has deposited with the AAI. The development comes after reports claimed that the AAI had issued a notice to the airline for non-payment of dues.
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Varanasi airport to provide fund for solid waste management

Saturday, September 8, 2018, 9:17 AM

Lal Bahadur Shastri International Airport, Varanasi signed a MoA for granting Rs.7.73-crore to Varanasi Municipal Corporation for solid waste management under the CSR initiative of AAI. The MoA was signed in the presence of Union Minister of Commerce and Industry and Civil Aviation Suresh Prabhu, who applauded the initiative and expressed his desire to replicate such steps at other airports in near future.
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You may soon have to pay more for air tickets

Wednesday, July 18, 2018, 3:22 PM

The passenger security fee (PSF) of Rs 130 paid by each flyer to cover cost of security deployment at airports could soon rise sharply. Airport operators have told the Govt that the amount collected from PSF is not sufficient to meet this cost and want this amount raised. This issue is being discussed in the aviation ministry.

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