Air passengers have a reason to cheer as the civil aviation ministry is likely to slash airport development fee (ADF) by 54% at Delhi and Mumbai airports from Jan 1, says a report in Business Standard.
ADF has always been opposed by passenger associations, on grounds that it is unfair to charge fliers more because airport developers had a cost-over run. Airlines are also not much in favour of ADF, as it makes their operations unfeasible .
ADF is charged by developers to fund the financial gap while modernizing airports. While GVK , the operator of the Mumbai airport says its project cost has escalated by Rs 2,000 crore, GMR which has upgraded Delhi airport also has a similar story.
11/12/12 Moneycontrol.com
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ADF has always been opposed by passenger associations, on grounds that it is unfair to charge fliers more because airport developers had a cost-over run. Airlines are also not much in favour of ADF, as it makes their operations unfeasible .
ADF is charged by developers to fund the financial gap while modernizing airports. While GVK , the operator of the Mumbai airport says its project cost has escalated by Rs 2,000 crore, GMR which has upgraded Delhi airport also has a similar story.
11/12/12 Moneycontrol.com
