Airlines move Delhi HC against hike in aeronautical tariff

New Delhi: Various airlines Tuesday moved the Delhi High Court against the Airport Economic Regulatory Authority of India's permission to the Delhi International Airport Limited for a threefold hike in its aeronautical tariff for the IGI Airport here.
In a joint plea, the Federation of Indian Airlines (FIA), an airlines' association, alleged the Airport Economic Regulatory Authority's April 24 order allowing GMR-promoted DIAL to increase the tariff by 345 percent was unlawful as they have done it without following the basic norms of the regulated sectors like independent audit prudence check.
The FIA said the hike would hamper the financial position of the airlines. "Some airlines may not be able to survive and would be under serious financial stress," it said.
03/07/12 ZeeNews

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Categories: airports Jul 2012, Indian Aviation- In General Jul 2012