Wednesday, July 03, 2013

AERA turns down GVK proposal to hike UDF at Bengaluru airport

Hyderabad: The Airports Economic Regulatory Authority has turned down Bengaluru International Airport Ltd's (BIAL) proposal to increase User Development Fee (UDF) by 239 per cent for domestic and 79 per cent for international departing passengers from the airport.
The regulator, while issuing a consultation paper last week, seeking stakeholders' views on the issue, also said the proposal made by BIAL, a subsidiary of city-based infrastructure major GVK Group, to levy landing charges on all aircraft was not permissible as per the government orders.
Instead, the regulator called for consolations suggesting UDF to be at Rs 262.32 and Rs 1,049.27 for domestic and international passengers, respectively under the single-till model.
03/07/13 PTI/Economic Times
To Read the News in full at Source, Click the Headline