Flying out of Delhi may become more expensive

New Delhi: Passengers will have to pay steeper fees when flying from the Capital’s Indira Gandhi International Airport (IGIA) after June—the result of a 42% increase in the cost of modernizing the airport before the Commonwealth Games in October.
The board of Delhi International Airport (Pvt.) Ltd (DIAL) on Thursday set the final cost of the project at Rs12,700 crore, up from the Rs8,975 crore estimated earlier, according to a company official who asked not to be named. The revision was adopted at a board meeting.
The increase clears the way for raising existing charges and possibly levying new ones on passengers using IGIA. It would also mean higher charges such as landing, parking and navigation fees for airlines.
IGIA, being modernized by a consortium led by GMR Infrastructure Ltd, will be the biggest and most expensive airport in India when the under-construction Terminal T3 is commissioned in June, offering passengers a world-class, integrated domestic-and-international facility with the latest in equipment.
For passengers and airlines, it will come at a price because the developer would have to pass on the increased project cost to end users.

Passengers are already being charged to help the developer recover Rs1,827 crore, or 20% of the earlier project estimate of Rs8,975 crore. They are paying Rs200 for taking domestic flights out of IGIA and Rs1,300 for flying abroad until 1 March 2012, as an airport development fee.
26/03/10 Tarun Shukla/Live Mint

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Categories: Airports Mar 2010, Indian Aviation- In General Mar 2010