In case of default in payment by airlines, measures like charging of penal interest, withdrawal of credit facility are taken and the airlines are put on 'Cash and Carry' policy, the civil aviation minister said
New Delhi: Kingfisher Airlines, which is reeling under more than Rs7,000 crore of debt, owes dues of about Rs280 crore to the Airports Authority of India (AAI), reports PTI.
"Kingfisher owes dues of Rs279.52 crore towards landing and parking, RNFC and Licence Fee to AAI," Civil Aviation Minister Ajit Singh said in a written reply in the Rajya Sabha.
He said continuous monitoring is done by the AAI to ensure that airlines pay their dues in time.
"In case of default in payment by airlines, measures like charging of penal interest, withdrawal of credit facility are taken and the airlines are put on 'Cash and Carry' policy," he said.
Replying to another query, Mr Singh said that reports have been received that employees of Air India and Kingfisher Airlines have not been paid salary regularly.
"However, the Ministry has no information on the current status and extent to which salary and wages to the employees of private airlines have been paid," he said.
Gold raced to record high levels as stockists and retail customers preferred to park their funds in the precious metal amid weak stocks and forex markets
New Delhi: Gold prices on Thursday rose to all-time high of Rs29,695 per 10 grams in the bullion market as investors shifted funds from melting equity markets to the precious metal, considered as a safe-haven investment, reports PTI.
Gold closed higher by Rs35 at Rs 29,695 per 10 grams over the previous close. Silver, however, lacked necessary follow up support and declined by Rs400 to Rs56,200 per kg on reduced offtake by industrial units.
Traders said gold raced to record high levels as stockists and retail customers preferred to park their funds in the precious metal amid weak stocks and forex markets.
Gold of 99.9% and 99.5% purity rose by Rs35 each to new peak level of Rs29,695 and Rs29,555 per 10 grams respectively. Sovereign remained steady at Rs23,750 per piece of eight grams.
On the other hand, silver ready remained selling pressure and lost Rs400 to Rs56,200 per kg and weekly-based delivery by Rs375 to Rs56,710 per kg.
Silver coins continued to be asked at last level of Rs66,000 for buying and Rs67,000 for selling of 100 pieces.
The airline will wrap a Jet Airways Boeing 737-800 aircraft with popular Disney characters-- Mickey and Friends-- and will be flying competition winners to the Hong Kong Disneyland
Mumbai: Jet Airways on Thursday said it will fly 30 children and their families to the Hong Kong Disneyland as part of a marketing tie-up with kids' channel Disney for the forthcoming 'Jet set go' summer campaign, reports PTI.
As part of this, the airline will also wrap a Jet Airways Boeing 737-800 aircraft with popular Disney characters-- Mickey and Friends-- and will be flying competition winners to the Hong Kong Disneyland for a two-day experience, the airline said in a statement. However, the statement did not mention the date of the special flight.
The aircraft, with Disney exteriors painted on its fuselage, will be unveiled at an event in Mumbai on 9th July following which Disney Channel will showcase the aircraft over an eight-week campaign.
"The aircraft wrap is a unique way to quite literally take one's brand to the sky," said Jet Airways marketing vice-president Manish Dureja.
During the campaign, an animated Jet aircraft with an artist's rendition of the branding will also be seen on Disney Channel in May.
"We have a passion for telling the world's best stories and providing unique experiences for kids and families. We are pleased to work with Jet to bring our fans this opportunity to experience Disney magic first-hand," said Walt Disney Television International India business head Vijay Subramaniam.
To participate in the campaign, kids will have to spot an animated Jet aircraft that will appear on Disney Channel throughout the campaign. Children can accumulate points each time they spot the aircraft by giving a 'missed call' to a toll-free number being flashed on the screen. Kids spotting the animated plane the maximum number of times will earn maximum points.