The year 2012 was a turbulent period for the Indian aviation sector. While the Kingfisher crisis hogged the limelight, passengers were also disappointed over the controversial Airport Development Fee (ADF) charged at the Delhi and Mumbai airports.
The CAG termed the ADF illegal and airlines cried foul along with passengers. Bu the ADF is still being levied and CNBC-TV18's Sumit Jha reports that affordable airfare in India remains a distant dream.
While there are still no takers for Indian carriers, the Indian aviation market has become the worst performing in terms of passenger traffic according to aviation body International Air Transport Association. For five straight months, from July to September - domestic traffic fell on account of skyrocketing fares.
Irate fliers forced the government to probe charges of cartelisation by airlines even as private carriers defended the fare hike by blaming it on exorbitant taxes and the high Airport Development Fee at the Delhi and Mumbai airports.
24/12/12 Sumit Jha/CNBC-TV18/noneycontrol.com
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The CAG termed the ADF illegal and airlines cried foul along with passengers. Bu the ADF is still being levied and CNBC-TV18's Sumit Jha reports that affordable airfare in India remains a distant dream.
While there are still no takers for Indian carriers, the Indian aviation market has become the worst performing in terms of passenger traffic according to aviation body International Air Transport Association. For five straight months, from July to September - domestic traffic fell on account of skyrocketing fares.
Irate fliers forced the government to probe charges of cartelisation by airlines even as private carriers defended the fare hike by blaming it on exorbitant taxes and the high Airport Development Fee at the Delhi and Mumbai airports.
24/12/12 Sumit Jha/CNBC-TV18/noneycontrol.com
