Kingfisher averts showdown with MIAL

Mumbai: The debt-laden Kingfisher Airlines on Saturday averted a major showdown with the Mumbai International Airport (MIAL), which had threatened to ban its operations over a payment default, by clearing the dues towards airport charges. "We have received a cheque payment for Rs 105.71 crore and with that the issues regarding payment default has been […]

Mumbai: The debt-laden Kingfisher Airlines on Saturday averted a major showdown with the Mumbai International Airport (MIAL), which had threatened to ban its operations over a payment default, by clearing the dues towards airport charges.