Thursday, May 20, 2010

DIAL seeks 1-yr extension to collect airport fee

New Delhi: Passengers flying out of New Delhi’s Indira Gandhi International airport (IGI) may continue to pay more, as Delhi International Airport Ltd (DIAL) has applied for an extension of airport development fee (ADF) by 12 months. DIAL operates IGI.
“DIAL has applied for an increase in the ADF collection term by one year to bridge its deficits,” said a ministry official, who did not want to be identified.
The extension will help DIAL to generate over Rs 2,500 crore from ADF. In March 2009, it was allowed to collect an estimated Rs 1,827 crore for 36 months.
DIAL had invested Rs 11,700 crore in the first phase to build IGI. It was an escalation by Rs 2,725 crore from the earlier estimate of Rs 8,975 crore.
Each domestic passenger flying out of IGI is charged Rs 200 and international passengers, Rs 1,300. The Delhi airport caters to over 70,000 passengers every day.
20/05/10 Mihir Mishra/Business Standard
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