Saturday, July 07, 2012

Airlines launch legal battle against 3-fold aeronautical tariff hike

New Delhi: Stung by the three-fold hike in aeronautical tariff to use the Indira Gandhi International Airport here, various airlines of the country have jointly moved the Delhi High Court contending that it will not only hit their operations but also adversely affect the Indian economy.
The airlines have challenged the Airport Economic Regulatory Authority's (AERA) April 24 order of three-fold hike in the aeronautical tariff, contending that it is unlawful as the tariff has been raised without following the basic norms of the regulated sectors like independent audit prudence check.
The AERA order permits GMR-promoted Delhi International Airport Limited (DIAl) to increase the aeronautical tariff, which comprises various airport charges like those for landing, parking, housing and ground handling etc, by 345 per cent.
06/07/12 PTI/Economic Times
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