GHIAL to get less revenue from ground-handling firms

New Delhi/Mumbai: GMR Hyderabad International Airport Ltd (GHIAL), the public-private consortium operating the first new airport to start commercial operations, has reduced the revenue stream from the two mandated ground-handling companies Menzies Bobba Aviation and a consortium of Air India-Singapore Airport Terminal Services (SATS).
Under a new agreement finalised, the two companies will have to pay 5 per cent of annual revenues instead of the earlier 25 per cent, a senior GHIAL executive confirmed.
The move closely follows the civil aviation ministry’s decision to allow domestic carriers to conduct their own ground-handling operations till January 2009.
The decision was made as a result of demands by domestic carriers, which have complained that outsourced ground-handling charges are more than twice the current rates.
22/03/08 Surajeet Das Gupta & Manisha Singhal/Business Standard

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Categories: Airports Mar 2008, New Mar 2008