here is the lastest...
http://www.brecorder.com/index.php?i...term=&supDate=
Aero Asia and Civil Aviation Authority (CAA) continue to remain engaged in a 'battle of endurance' over the payment of dues, which has resulted in suspension of its operations, both foreign and domestic. Aero Asia continues holding its ground.
Friday was the fifth day that all its aircraft remained grounded with no immediate possibility of resuming operations. It was unlikely that CAA would bend on its decision, which paid dividends in the case of SAI.
Aero Asia is waiting for the return of Defence Secretary to plead its case before him. The Defence Secretary is on leave up to May 30. Till then it appeared prepared to sustain the loss which, according to rough calculations, would be up to Rs 2 to 3 million per day.
Aero Asia, according to aviation experts, is taking a 'blind risk' and not a 'calculated risk', because the Defence Secretary may or may not oblige it on the issue of payment, particularly at a time when SAI has made the payment to the satisfaction of CAA.