Tuesday, April 14, 2015

AAI could lose Rs 900 cr this fiscal if charges are lowered at Delhi airport

New Delhi: Has the privatisation of Delhi and Mumbai airports helped improve airport infrastructure in the country or has it encouraged private operators to skim profits while raising costs for flyers ?
There have been voices supporting these opposing points of view, depending on who is making the argument. But now, the Government finds itself in a pickle.
The airport regulator AERA wants to reduce aeronautical charges (levies airlines pay for landing, parking etc) at Delhi airport by a steep 78%. If the Government allows AERA to do this, it is working against itself since it remains a stakeholder in the airport project. But If the Government allows the regulator to maintain aeronautical   charges, there could be allegations of hurting airlines' bottomlines.
14/04/15 Sindhu Bhattacharya/First Post
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