The Airport Economic Regulatory Authority (AERA) is expected to issue a consultation paper proposing an increase of more than 500% in the charges at the Mumbai airport due to the escalation in the cost of the modernisation work, said sources.
If the proposal is accepted by the AERA, the increased airport tariff will put an additional burden on all airlines, which will then automatically be passed on to the passengers. The AERA is a regulatory body which decides on the economic aspects of an airport.
Airport officials said that once the consultation paper is out in the public, it will be subjected to comments, recommendations and analysis from all interested parties. After due process of analysing all the aspects of the project, the AERA may decide on the actual hike in the charges.
25/09/12 Daily News & Analysis
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If the proposal is accepted by the AERA, the increased airport tariff will put an additional burden on all airlines, which will then automatically be passed on to the passengers. The AERA is a regulatory body which decides on the economic aspects of an airport.
Airport officials said that once the consultation paper is out in the public, it will be subjected to comments, recommendations and analysis from all interested parties. After due process of analysing all the aspects of the project, the AERA may decide on the actual hike in the charges.
25/09/12 Daily News & Analysis
