New Delhi: Get ready to shell out more to fly in or out of Delhi.
Airport charges are likely to go up soon, with the Airport Economic Regulatory Authority (AERA) set to issue an order on revision of charges for Delhi airport.
The airport is operated by Delhi International Airport Ltd (DIAL), which is a part of the GMR group. DIAL had pitched for a nearly 800 per cent increase in charges.
However, AERA is likely to approve a less than 400 per cent increase in charges. This may moderate the anticipated impact on ticket prices for end-consumers.
A person familiar with the development said, “If the airport charges are raised by 370 per cent, the yield per domestic passenger will go up from Rs 101 to Rs 399. Similarly for international passengers, the yield will go from Rs 278 to Rs 1,120.” This calculation is based on the estimated number of passengers in Delhi Airport in 2012-13.
Per passenger yield refers to the revenue the airport receives from airlines, which in turn collect the charges from passengers.
.08/04/12 Shishir Sinha/Business Line
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