Current Affairs

Air India’s condition worsen by VVIP flights dues

Air India’s condition worsen by VVIP flights dues

The Maharaja of Indian Airline, loss making air carrier the Air India’s financial status have become worsen by the delayed payments of VVIP flights which is already facing mountain of debts of about ₹ 50,000 crore. Air India’s condition worsen by VVIP flights dues.

Air India has given its response of an RTI application that a total ₹ 1146.86 crore payment due for Government VVIP charter flights also some oldest bills have not been cleared yet and delayed for 10 years of the President, the Vice President and the evacuation flights. According to the given details from Air India to the applicant, the remaining payment of Cabinet Secretariat is ₹ 211.17 crore, Prime Minister’s Office outstanding bill is ₹ 543.18 crore and External Affairs Ministry’s payment due is ₹ 392.33 crore.

CAG has also raised these pending payments issues of government to Air India in 2016, CAG said in its reports “Hence considering the significant quantum of pending dues and in the context of government support to AIL for turnaround, more efforts need to be made for early action for reimbursement of dues by both AIL and government,”.

Air India is seeking for Government’s help to clear its vendors’ dues.

 

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