GMR notifies Villa Air of termination of credit facility

GMR has notified Villa Air of the termination of its credit facility, subsequent to piled-up unpaid bills.

A letter sent on 27 August to Villa Air by GMR’s Credit Control Manager Hawwa Fajwa states that unless the bills are paid, the credit facility which commenced on 28 August for oil, ground handling, and passenger service fees, would be terminated.

Villa Air operates Flyme services, which were introduced last year.

The letter also states that the credit facility will be resumed once the money is paid, and that cheques from Villa Air will not be accepted during this period.

Sun Online has been informed that Villa Air owes GMR MVR17 million.

It has not been possible to confirm whether GMR has terminated the credit facility as per the notification, or whether Villa Air has paid the money it owes GMR.

It has not been possible to get an official comment from Villa Air in relation to this issue.