Passengers to pay for Mumbai airport modernisation

New Delhi: Mumbai airport today became the fourth airport in the country to be allowed to levy a development fee from passengers to bridge the shortfall in funds for modernising the facility.
The government approved collection of Rs 100 from outbound domestic passengers and Rs 600 from international passengers from April 1. The fee would be in force for four years, but be reviewed after six months.
The Mumbai airport modernisation project cost is pegged at Rs 9,802 crore and the Mumbai International Airport Ltd has been allowed to raise up to Rs 1,543 crore through the development fee. However, if the project cost escalates beyond Rs 9,802 crore, MIAL would have to tap other fund sources.
New airports in Hyderabad and Bangalore have been charging a development and DIAL, which manages the New Delhi airport, too was allowed to charge the development fee, although the move has come in for criticism from global airlines' body IATA.
27/02/09 Press Trust of India

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Categories: Airports Feb 2009