Sunday, October 04, 2015

Regulatory environment key risk for India's airport sector: S&P

New Delhi: Regulatory environment is the key risk for the country's airport sector as it is creating "significant uncertainty" on the timing of fall in tariffs, global rating agency S&P has said.

Standard & Poor's Ratings Services observation comes at a time when the government is working on ways to boost the domestic aviation sector, which has substantial growth potential, and is in the process of finalising the new civil aviation policy.

The rating agency last month said Delhi International Airport Ltd (DIAL) would maintain its competitive position but uncertainty continues to surround its cash flows on account of pending tariff decision.
04/10/15 PTI/Economic Times
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