Wednesday, April 25, 2012

AERA decides to raise landing, parking charges by 346%

New Delhi: In a move that would soon raise air travel costs from the IGI Airport here, the Airports Economic Regulatory Authority (AERA) Wednesday decided to raise landing, parking and other charges by a whopping 346 percent for two years.
In its latest order, AERA also fixed higher rates of user development fees (UDF) for both incoming and outgoing domestic and international passengers this year, with the rates going up further from April next year.
The order covers the charges to be levied on airlines and other airport users for uplift of fuel and using the Common User Terminals or CUTE.
The hike in airport charges for 2012-13, which would be effective from May 15, is however less than half of the 774 percent hike sought by GMR-led joint venture Delhi International Airport Limited (DIAL). The rates for 2013-14 will be applicable from April one 2013, the AERA order said.
It said that the 345.92 percent hike would be "on a one time basis during the Control Period" between 2012-14.
The AERA has now included incoming air travellers also in the ambit of UDF. The rates applicable for 2012-13 would go up considerably in 2013-14, the order shows.
25/04/12 Zee News
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