The Mumbai International Airport (MIAL) plea with the airport regulator Airports Economic Regulatory Authority (AERA) to hike aeronautical tariffs by as high as 660 percent has been widely criticized for being anti-consumer and anti-aviation industry. If the plea gets implemented it would be a much steeper hike when compared to the already granted 346 percent hike to Delhi International Airport Authority (DIAL).
Commenting on MIAL’s proposal, aviation industry watcher and ex-promoter of SpiceJet, Ajay Singh, asserted, “Essentially anything which increases the cost of airlines is a bad thing. This proposal would be a dampener for the whole aviation industry which is already reeling under huge losses and mounting debt. Therefore, this would worsen the financial situation of the airlines in the country.”
Singh’s thought got an endorsement from Pradeep Singh Mehta, Secretary General, Consumer Unity & Trust Society (CUTS International), who averred, “It’s not the right proposal submitted by MIAL and if private operators continue to make this type of proposal then it will raise questions over the performance and future of Public Private Partnership (PPP) model applied in the country.”
13/10/12 ZeeNews
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Commenting on MIAL’s proposal, aviation industry watcher and ex-promoter of SpiceJet, Ajay Singh, asserted, “Essentially anything which increases the cost of airlines is a bad thing. This proposal would be a dampener for the whole aviation industry which is already reeling under huge losses and mounting debt. Therefore, this would worsen the financial situation of the airlines in the country.”
Singh’s thought got an endorsement from Pradeep Singh Mehta, Secretary General, Consumer Unity & Trust Society (CUTS International), who averred, “It’s not the right proposal submitted by MIAL and if private operators continue to make this type of proposal then it will raise questions over the performance and future of Public Private Partnership (PPP) model applied in the country.”
13/10/12 ZeeNews
