AAI wins arbitration case after judge rejects plea by consortium
Updated : August 06, 2018 01:07 PM IST
The agreement between the consortium and AAI does not give exclusive rights to the two entities to provide ground-handling services, Justice Nijjar said
The consortium had alleged that airlines operating at these airports were outsourcing the ground-handling services. This was in contravention of its exclusive rights on ground-handling services across seven airports.
The consortium claimed an amount of Rs1,882.29 crore plus 18 percent interest for Chennai and Kolkata and Rs 1,260.67 crore plus 18 percent interest for the remaining airports in the south.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more