New Delhi: Airports Economic Regulatory Authority of India (AERA) has directed Delhi International Airport Ltd (DIAL) to discontinue collection of airport development fee (ADF) from May 1 this year, effectively making air-tickets cheaper for passengers flying out from the capital’s IGI airport.
While air tickets for domestic flights from Delhi would cost Rs 100 less, those flying international routed out of the city would pay Rs 600 less.
“The ADF levy of Rs 100 per embarking domestic passenger and Rs 600 per embarking international passenger as approved vide Order No. 30/2012-13 dated December 28, 2012 at IGI Airport shall be continued only till April 30, 2016,” the regulator has said in its order.
“The AAI (Airports Authority of India) be granted six-months time after the cut-off date to reconcile and close the account, and to arrive at the over-recovery or under-recovery of ADF.”
“Based on AAI’s report, the authority shall decide on the treatment of over recovery or under recovery of ADF and to close the ADF account,” it further said.
The public sector AAI is the nodal agency to maintain an escrow account on ADF.The final cut off date has been determined by AERA taking into account data on collection basis. The authority has in the order said that the principal ADF outstanding is Rs 167.89 crore noting the report from an independent auditor.
08/02/16 Financial Chronicle/Asian Age
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While air tickets for domestic flights from Delhi would cost Rs 100 less, those flying international routed out of the city would pay Rs 600 less.
“The ADF levy of Rs 100 per embarking domestic passenger and Rs 600 per embarking international passenger as approved vide Order No. 30/2012-13 dated December 28, 2012 at IGI Airport shall be continued only till April 30, 2016,” the regulator has said in its order.
“The AAI (Airports Authority of India) be granted six-months time after the cut-off date to reconcile and close the account, and to arrive at the over-recovery or under-recovery of ADF.”
“Based on AAI’s report, the authority shall decide on the treatment of over recovery or under recovery of ADF and to close the ADF account,” it further said.
The public sector AAI is the nodal agency to maintain an escrow account on ADF.The final cut off date has been determined by AERA taking into account data on collection basis. The authority has in the order said that the principal ADF outstanding is Rs 167.89 crore noting the report from an independent auditor.
08/02/16 Financial Chronicle/Asian Age
