Tuesday, December 11, 2012

Govt likely to cut ADF at Delhi airport

New Delhi: This New Year, the government is likely to give flyers from the Delhi airport a welcome surprise by reducing the airport development fees (ADF) substantially. From January 1, the ADF the international passengers pay is likely to see a 54 per cent drop — from Rs 1,300 to Rs 600 per passenger per flight — while the Rs 200 every domestic passenger pays would be halved.
The civil aviation ministry is said to have agreed to the suggestion of the Airports Economic Regulatory Authority ( Aera) that the three-year ADF-recovery period of Delhi International Airport Ltd ( DIAL) be extended by two years.
A ministry source confirmed this, saying: “With GMR and GVK (majority stakeholders in consortia running the Delhi and Mumbai airports, respectively) refusing to infuse equity, Aera had given its view that ADF be reduced by around 50 per cent and the recovery period be extended by two years. The ministry has examined the matter and concurred with the view. Mumbai’s tariff revision is still under consideration.”
11/12/12 Disha Kanwar/Business Standard
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