You Its the cash flow one needs to be on top of .......................the advantage of op in India under govt owned enterprises like AAI, IOC, HP etc is that there is plenty of credit,
How sad does this get, i keep talking to myself here............anyway, to substantiate my earlier post
Rajya Sabha
At Delhi and Mumbai airports, the revenue earned by Airports Authority of India (AAI) was Rs. 569.52 crores and Rs. 586.75 crores in 2004-05 and Rs. 673.41 crores and Rs. 665.54 crores in 2005-06 respectively. This information was given to the Parliament by Shri Praful Patel, Minister for Civil Aviation in the Rajya Sabha today.
Some dues are outstanding to the AAI from certain private airlines at Delhi and Mumbai airports. Airlines-wise details (in lakhs of Rs.) are as under:-
Jet Airways (687.40, 90.52); Sahara Airlines (221.24, 12.52); Air Deccan (223.61, 164.67); Spice Jet (32.81, 0.00); Kingfisher (79.38, 96.20); Go Airlines (0.00, 14.86); East West Airlines (32.82, 407.43); NEPC (7.69, 6.98); Skyline NEPC (14.72, 34.94); Archana Airways (39.62, 0.00); Elbee Air (11.86, 0.00); Continental Aviation (0.10, 16.45) and Jagson Airlines (131.26, 0.00).
Dues are monitored regularly by the AAI and action through Legal/Arbitration/Public premises Eviction (PPE) Act are taken wherever necessary. Besides, interest is levied for the over-due period on defaulting airlines and they are put on operation on Cash & Carry basis.
-- Edited by tayara mechanici at 20:54, 2006-07-26