Airport regulator to start functioning in three weeks

Kolkata: The country’s new airport regulator, the Airports Economic Regulatory Authority(AERA) is likely to start functioning within two-three weeks. Y S Bhave has been recently appointed as its first chairman, civil aviation secretary Madhavan Nambiar informed here today.
AERA will have powers to determine capital expenditure and investments to improve airport facilities, set tariffs for aeronautical services, as well as prescribe standards for operations across all airports.The regulator will have a chairman and two members.
While Nambiar ducked questions on the possible restructuring of Air-India run by the state-owned National Aviation Company of India Ltd (Nacil), he pointed out that the country needed to market its airports well. “We could talk to international consultants to effectively market our airports as the country is strategically positioned between the West and the East,” he said.
The civil aviation ministry was having discussions with state governments on how to go about improving utilisations of existing infrastructure.
27/06/09 Business Standard

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Categories: Airports Jun 2009