{"id":511057,"date":"2022-08-02T10:20:19","date_gmt":"2022-08-02T04:50:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=511057"},"modified":"2022-08-02T11:38:28","modified_gmt":"2022-08-02T06:08:28","slug":"spicejet-clears-all-outstanding-principal-dues-of-aai","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejet-clears-all-outstanding-principal-dues-of-aai\/","title":{"rendered":"SpiceJet clears all outstanding principal dues of AAI"},"content":{"rendered":"<p>SpiceJet on Tuesday said it has entered into an agreement with the Airports Authority of India (AAI) and cleared all outstanding principal dues of the airport operator. <\/p>\n<p>&#8220;With this, SpiceJet will no longer remain on &#8216;cash and carry&#8217; at AAI-run airports across the country and will revert to advance payment mechanism for daily flight operations,&#8221; the airline&#8217;s statement noted.<\/p>\n<p>The Centre-run AAI had in 2020 put SpiceJet on a &#8216;cash and carry&#8217; basis as the carrier was unable to clear its previous dues. <\/p>\n<p>In the &#8216;cash and carry&#8217; model, the airline has to make daily payments to the AAI for various charges &#8212; navigation, landing, parking, and others &#8212; to operate flights.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SpiceJet on Tuesday said it has entered into an agreement with the Airports Authority of India (AAI) and cleared all outstanding principal dues of the airport operator. &#8220;With this, SpiceJet will no longer remain on &#8216;cash and carry&#8217; at AAI-run airports across the country and will revert to advance payment mechanism for daily flight operations,&#8221; the airline&#8217;s statement noted. The Centre-run AAI had in 2020 put SpiceJet on a &#8216;cash and carry&#8217; basis as the carrier was unable to clear its previous dues. In the &#8216;cash and carry&#8217; model, the airline has to make daily payments to the AAI for [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176,146,130],"tags":[],"class_list":["post-511057","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-deccan-herald-newspapers","category-deccan-herald-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/511057","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=511057"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/511057\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=511057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=511057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=511057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}