Wednesday, September 26, 2012

'High Mumbai airport charges to hit passenger demand'

Mumbai International Airport Limited's proposal of a 660 per cent rise in aeronautical charges would hit passenger demand, say aviation industry experts.
Any rise in charges has to be approved by the Airports Economic Regulatory Authority, which is examining MIAL's proposal.
In April, AERA had approved a 345 per cent rise in Delhi airport charges.
This comprised landing and parking charges and user development fees. Airlines have opposed the rise, since this hit their operating costs.
"The increase in airport charges are not commensurate with the yield and revenue we generate from Delhi.
"We are unable to raise fares because of competition. If India wants to encourage more airlines, it should keep the charges reasonable," said the India head of a foreign airline.
25/09/12 Business Standard/Rediff.com
To Read the News in full at Source, Click the Headline