By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Travel Radar - Aviation NewsTravel Radar - Aviation News
  • Breaking News
  • Aviation
    • Aircraft
    • Airlines
    • Airshow & Events
    • Careers
    • Manufacturing
  • Travel
    • Airports
    • Points & Loyalty
    • Technology
    • Trip Reviews
  • Newsletters
Reading: Air India Debt Mounts!
Share
Sign In
Notification Show More
Font ResizerAa
Font ResizerAa
Travel Radar - Aviation NewsTravel Radar - Aviation News
  • Breaking News
  • Aviation
    • Aircraft
    • Airlines
    • Airshow & Events
    • Careers
    • Manufacturing
  • Travel
    • Airports
    • Points & Loyalty
    • Technology
    • Trip Reviews
  • Newsletters
Signin Sign In
Follow US
Copyright © Travel Radar Media Ltd. 2025 | All Rights Reserved
Travel Radar - Aviation News > News > Air India Debt Mounts!

Air India Debt Mounts!

Ranjit Shergill
Last updated: 6 November 2021 15:51
By Ranjit Shergill
2 Min Read
Share
SHARE

Air India may find itself nearing privatisation status with Tata Sons (with the Indian government targeting a deadline of 31st December 2021), but that has not stopped the national air carrier continuing to accumulate debts owed to the Airports Authority of India (who are a government stakeholder tasked with regulating the country’s airport infrastructure). Indeed, Air India currently owes the Airports Authority of India INR 2,000 crores (US $268.7 million) for a range of airport-related fees, such as landing and taxi ramp parking.

Airports Authority of India logo
Airports Authority of India logo © prnewswire

Air India has already faced significant financial woes in recent years and this has now been compounded by the Airports Authority of India revealing the extent of the debts owed to them. Their Chairman, Sanjeev Kumar, cited the fact that Air India were a serial offender in unpaid debts.

He said, “It’s not the fact that there is lots of debt on airlines. I don’t think there is much debt except Air India. I think it’s over [INR] 2000 crores dues and we are fairly confident that we would recover the past dues from them. Apart from Air India, no significant dues from other airlines are pending. One or two isolated disputed amounts is where the airlines and airport might have some difference of opinion and it must be raised by their various forum, either legal proceeding or negotiations.”

Air India B747
Air India’s Landing Fees Going Amiss © Air India

Air India Has Creditors Too

Ironically, there are several government run agencies that owe Air India money for advance ticket sales for air travel. This revelation came from the Finance Ministry, who says that these dues must be settled in order for the privatisation of Air India to be completed.

 

You Might Also Like

Top 5 Casino Destinations for Charter Flights
Cathay Pacific Asks Employees to Take Unpaid Leave
Starlux Airlines Aims Beyond US West Coast for 2026
The Queen’s last hope? America’s New All-747 Airline
Canada’s WestJet to Buy Rival Sunwing
Share This Article
Facebook Twitter Email Copy Link
What’s your thoughts?
Love0
Sad0
Happy0
Angry0
Ranjit Shergill
ByRanjit Shergill
Follow:
Aviation Reporter - Based in London, UK, Ranjit has a love for opinions and analysis, and so got into writing as it presented a golden opportunity for him to share his views across a large landscape of readers. Ranjit is addicted to travelling, whether it be the dangerously exciting backroads of Central America or a cycling journey across the River Danube. He loves to embrace cultural hotspots and feels that travelling combines exciting adventures with humbling life experiences. Outside of travel, Ranjit enjoys public speaking, darts and loves a bargain!
Previous Article Route Winter Season started: a highlight of new routes
Next Article How Singapore Airlines Coped With COVID-19
Subscribe
Login
Notify of
guest

guest

0 Comments
Oldest
Newest Upvoted
Inline Feedbacks
View all comments

Stay Connected

FacebookLike
TwitterFollow
InstagramFollow
YoutubeSubscribe

Trending News

A picture of an aeroplane struggling to land during storm Amy 2025
Europe’s first week of October Air Traffic held steady despite worsened punctuality   
Airlines Aviation
Inside of an Airport in Chicago USA
What Really Happens Behind the Scenes When Your Flight Gets Delayed?
Aviation Did You Know
Wing of an aircraft in the sky with some white fluffy clouds in the background
7 Useful Tips to Travel Abroad
Aviation Travel
Bristol Airport's sustainable drive generates a record number of renewable energy in their drive to use sustainable initiatives to keep emissions, power, and more within the airport at a minimum.
Bristol Airport’s Sustainable Drive Generates Record Number Of Renewable Energy
Aircraft Airports Aviation
Ryanair's record winter schedule to Amman has been announced, with over 300k seats across 18 destinations to 12 New EU routes. The airline has also unveiled a major investment proposal for Amman, Aqaba and Marka.
Ryanair Record Winter Schedule and Major Investment to Amman
Airlines Route Development
//

Travel Radar is the leading digital hub for all things aviation and air-travel. Discover our latest aviation news, aviation data, insight and analysis.

Discover

  • Latest News
  • Subscribe
  • Weekly Digest
  • Contact Us
  • Privacy Policy
  • About Us
  • Advertising
  • Media Coverage
  • Press & Events
  • Join Our Team
  • Our Brands

Signup to our Newsletter!

And get the latest aviation news via our weekly news digest!

© Travel Radar Media Ltd. 2015-2025 | ISSN #2635-0696 | Trademark #UK00003579704
wpDiscuz
adbanner
Welcome to the TR Community!

Sign in to your account

Not a member? Sign Up