Home / BUSINESS / SpiceJet deposits Rs 20 crore additional bank guarantee to AAI

SpiceJet deposits Rs 20 crore additional bank guarantee to AAI

SpiceJet has deposited an additional bank guarantee worth Rs 20 crore to the Airports Authority of India (AAI) after getting a notice from the state-run airport operator with the low cost carrier’s dues exceeding its bank guarantee.

SpiceJet is among the first private companies that stepped into the Indian aviation sector.

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