AAI wants to attach Kingfisher assets, will it recover dues?

May 09, 2012 16:24

More airline news, and none of it good.

If the Airports Authority of India (AAI) has its way,Kingfisher Airlines' properties might be attached soon. Fed up with the non-payment of airport dues by ailing Kingfisher and frequent instances of the airline's cheques bouncing, AAI has served a legal notice to the airline in Mumbai. It plans to file a legal suit within 15 days of the notice.

Read the report here

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