{"id":511325,"date":"2022-08-03T10:11:18","date_gmt":"2022-08-03T04:41:18","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=511325"},"modified":"2022-08-03T11:08:17","modified_gmt":"2022-08-03T05:38:17","slug":"spicejet-clears-all-outstanding-principal-dues-of-aai-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejet-clears-all-outstanding-principal-dues-of-aai-2\/","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>\u201cWith this, SpiceJet will no longer remain on \u2018cash and carry\u2019 at AAI-run airports across the country and will revert to advance payment mechanism for daily flight operations,\u201d the airline\u2019s statement noted.<\/p>\n<p>The Centre-run AAI had in 2020 put SpiceJet on a \u2018cash and carry\u2019 basis as the carrier was unable to clear its previous dues. <\/p>\n<p>In the \u2018cash and carry\u2019 model, the airline has to make daily payments to the AAI for various charges \u2014 navigation, landing, parking, and others \u2014 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. \u201cWith this, SpiceJet will no longer remain on \u2018cash and carry\u2019 at AAI-run airports across the country and will revert to advance payment mechanism for daily flight operations,\u201d the airline\u2019s statement noted. The Centre-run AAI had in 2020 put SpiceJet on a \u2018cash and carry\u2019 basis as the carrier was unable to clear its previous dues. In the \u2018cash and carry\u2019 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":[130],"tags":[],"class_list":["post-511325","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/511325","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=511325"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/511325\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=511325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=511325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=511325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}