Tuesday, October 16, 2012

Kingfisher Air's licence may be cancelled: Ajit Singh

Passengers can expect some relief after airport development fee (ADF) is scrapped from January, said civil aviation minister Ajit Singh. He said that Airports Authority of India (AAI) has made around RS 5,000 crore in the last five years by charging ADF at Mumbai and Delhi airports.
He agreed that ADF was not integral to the bidding document when these airports came up for bids. But to make up for the financing gap, airports started charging  Rs 200 per domestic and Rs 1,300 per international passenger at Delhi airport. Mumbai airport too charged Rs 100 per domestic and Rs. 600 per international passenger.
On the ongoing crisis at Kingfisher Airlines  ,the minister said that there is a possibility of KFA's licence being suspended or cancelled before renewal due to the airline's inability to resume operations and even employee salaries and other dues need to be addressed.
17/10/12 moneycontrol.com
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