Friday, April 27, 2012

Mumbai airport demands AERA to hike airport charges by around 500%

Mumbai: Mumbai airport is set to follow in Delhi's footsteps by increasing airport charges. The Airport Economic Regulatory Authority (AERA) would consider Mumbai airport's demand over the next two months to raise charges by around 500%.
Airlines, struggling to keep operations going, will have no choice but to pass on the hike to passengers, industry sources said, predicting a hike of at least 15% in fares once AERA clears the increase in airport fee for Mumbai. On Wednesday, AERA allowed a 345% hike in airport landing and parking charges, or user development fee (UDF), at Delhi's IGI Airport over the next two years.
27/04/12 Economic Times
To Read the News in full at Source, Click the Headline

0 comments:

Post a Comment