Friday, February 08, 2013

AERA ups User Development Fee at Chennai Airport


Chennai: Flying out from Chennai to become costlier from March 1, 2013 as the Airports Economic Regulatory Authority (AERA) has approved a levy of User Development Fee (UDF) of Rs 166 for each domestic passenger and Rs 667 for each international flier from March 1.
According to AERA's Order, which was passed on Monday, the UDF charges have been approved till March 31, 2016. In spite of opposition, the Authority hiked the rate and Chennai follows in the footsteps of all the other metros in charging UDF.
With the increase revenue at the Chennai domestic airport for a day is expected to be around Rs 40 lakh and Rs 146 crore for a year. In the international sector, out of 12,238 passengers travelling from Chennai airport, revenue is estimated to be at least Rs 81 lakh per day and Rs 300 crore per year.
08/02/13 T E Narasimhan/Business Standard
To Read the News in full at Source, Click the Headline