GMR Infrastructure today said that the Civil Aviation Ministry has directed the airport tariff regulator AERA to adopt a Hybrid Till with 30 per cent cross subsidisation for the tariff determination of GMR Hyderabad International Airport Limited (GHIAL).
Under the hybrid till model, the airport operator adds a part of the non-aeronautical (duty-free shops, hotel, restaurant, among others) revenue and the total revenue from the aeronautical (landing, parking and ground handling charges) side to compile total earnings.
11/06/15 PTI/Business Standard
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Under the hybrid till model, the airport operator adds a part of the non-aeronautical (duty-free shops, hotel, restaurant, among others) revenue and the total revenue from the aeronautical (landing, parking and ground handling charges) side to compile total earnings.
11/06/15 PTI/Business Standard
