Wednesday, June 30, 2010

Policy Buzz: Airport fee cut in the air

How long will air travellers pay user development fee (UDF) at key airports like Mumbai, Delhi, Bangalore and Hyderabad?
That a lot of investment has gone into building new airports at Bangalore, Hyderabad; and modernisation of Delhi as well Mumbai airports does not mean that passengers will continue to pay UDF forever. So the Airport Economic Regulatory Authority (AERA) is getting the books of DIAL (which is upgrading Delhi airport) audited to see when the UDF can be disbanded.
KPMG and Engineers India are doing the audit and their report is expected to be with AERA soon. Interestingly, the move comes at a time when the swanky new terminal at Delhi airport, the largest and most expensive in India’s aviation history, is set to be unveiled.
Depending on how the Delhi airport audit goes, a similar exercise could happen at Mumbai, Bangalore and Hyderabad also. While the companies concerned are watching the Delhi audit closely, passengers will also feel the impact of the AERA’s decision since it could set an important precedent for the other airports.
30/06/10 Economic Times
To Read the News in full at Source, Click the Headline

0 comments:

Post a Comment