Airport tribunal directs AERA not to implement new tariffs

New Delhi: The airport tribunal has directed the sectoral regulator Airports Economic Regulatory Authority (AERA) not to implement the new tariffs for private airports till it decides the plea by them, challenging the new guidelines, reports PTI.
The Airports Economic Regulatory Authority Appellate Tribunal said, however, that the AERA may pass the final order on tariffs, but it would not be implemented.
A bunch of petitions have been filed by private airport operators in Delhi, Mumbai, Bangalore, Cochin and Hyderabad, against some of the provisions of AERA’s tariff guidelines.
“It is made clear that even if any final order is passed by the respondent, AERA, the same shall not be given effect to without leave of this court,” said the Airports Economic Regulatory Authority Appellate Tribunal.
The 3-member tribunal has also listed the matter on 16th, 17th and 23rd November for final hearing over the plea filed by private airport developers.The tribunal was hearing a plea filed by airport operators who have challenged the terms and conditions for the Determination of Tariff or Airport Operators in the guidelines issued by the regulator on 28th February.
25/10/11 Moneylife

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Categories: airports Oct 2011