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Four planes seized for non-payment of dues

THE DISTRICT administration today seized Franklin Airways? four small aircrafts that have been parked at the hangar of Indore Airport since 1994 for not paying the dues to the Airport Authority of India (AAI) amounting to over Rs 60 lakh. If the dues are not paid within the stipulated 30 days, the aircrafts would be auctioned.

india Updated: Jan 31, 2006 16:02 IST

THE DISTRICT administration today seized Franklin Airways’ four small aircrafts that have been parked at the hangar of Indore Airport since 1994 for not paying the dues to the Airport Authority of India (AAI) amounting to over Rs 60 lakh. If the dues are not paid within the stipulated 30 days, the aircrafts would be auctioned.

The district administration’s action comes in the wake of the Indore Airport Director James Natal’s recommendation in this regard to the district Collector Vivek Aggarwal in December last year. On his recommendation, the district Collector today asked Tehsildar Manorama Koshti to seal the hangar where the four aircrafts of the Franklin Airways, a Mumbai-based company, have been lying idle since 1994.

“We have sealed the hangar to seize the four aircrafts of Franklin Airways against whom there is revenue recovery of Rs 29,81,054 plus interest at 18 percent that comes to around Rs 62 lakh. If they pay the dues within 30 days, they will be freed from recovery. Otherwise, the aircraft will be auctioned after duly advertising in newspapers”, said Tehsildar Manorama Koshti who was incharge of entire seizure proceedings at the Airport today.

Airport Director James Natal said that since 1994 all these four small Chessna aircrafts of Franklin Airways were being parked at the hangar of Indore Airport and the party has not been making any payment.

First Published: Jan 31, 2006 16:02 IST