Tuesday, November 29, 2016

AERA plan on tariffs unilateral: IATA

No policy direction has been given to the Airports Economic Regulatory Authority of India (AERA) by the Centre for switching to hybrid-till model of determining tariff at Airport Authority of India (AAI) airports, according to the International Air Transport Association (IATA).
IATA said the National Civil Aviation Policy (NCAP) 2016 had specifically mentioned that AERA may adopt the hybrid-till model for determining tariff at airports developed by state governments, private sector or in public-private partnership (PPP) mode. “It clearly excludes the AAI airports, which is addressed independently in the following section,” said IATA.

“If AERA decides to deviate from its regulatory philosophy solely with the objective of bringing alignment with the NCAP, then such deviation could of course only be applied to those airports specifically covered under Section 12 of the NCAP viz airports developed by State governments, private sector or in PPP mode,” IATA said in its submission to AERA, which has sought stakeholders’ view to adopt a hybrid-till approach for calculating airport fees.
28/11/16 Somesh Jha/The Hindu
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