Proposed Airport Regulatory Authority to be in place by October

The proposed Airport Economic Regulatory Authority (AERA) to facilitate development of the airport sector and look into the issues of tariffs and monitor the quality of services at airports is expected to be in place by October this year.
"We are keenly pursuing the setting up of an AERA for Indian airports to ensure a level-playing field for all stakeholders in airport development. The Bill envisaging the creation of the regulatory body is in Parliament," Ashok Chawla, Secretary, Ministry of Civil Aviation said, while inaugurating the two-day International Conference on Indian airports: The Emerging Opportunities, organized by FICCI in association with theMinistry of Civil Aviation.
It provides for laying down the powers and functions of the regulatory authority to determine the tariff structure for aeronautical services, to determine the amount of development fees in respect of major airports, to determine the passenger service fee and to monitor the performance standards relating to quality, continuity and reliability of service. The regulatory authority can impose penalties in case of wilful non-compliance of its orders given under the Act.
30/04/08 Newindpress

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Categories: Airports Apr 2008