Tuesday, July 17, 2018

As profit soars, BIAL under pressure to withdraw user fee

Bengaluru: With the Bengaluru International Airport (BIAL) registering huge profits in the past three years, there is a growing demand for the withdrawal of the user development fee (UDF) levied on passenger.

Pressure groups, including the Bangalore Political Action Committee (B.PAC), want the airport operator to source revenue for infrastructure projects from elsewhere instead of burdening the passengers.

Data collated by B.PAC show that the BIAL collected Rs 1,212 crore as UDF in the past two financial years. This is at least 30% (or Rs 280 crore) more than what it had estimated based on traffic projections in 2010.
17/07/18 Naveen Menzez/Economic Times