An airport operator will be responsible for maintaining overall service standards at an airport, including those delivered by third-party service providers, under new rules being framed by the Airports Economic Regulatory Authority (AERA), its chairman SKG Rahate told aviation stakeholders at a meeting on Wednesday
The cost of any flight from Delhi and Mumbai could rise by up to Rs 3,000 soon unless the airport regulator is able to reverse a court order.
At present, e-mobike penetration in India is close to negligible, unlike the scooter segment, where electric scooters account for nearly 20 per cent of sales.
Reconstruction of the terminal is expected to be completed by September 2028.
Mumbai International Airport (MIAL) has proposed a significant increase in User Development Fee (UDF) for international passengers, while domestic passengers will be charged a UDF for the first time. However, MIAL also proposed a 35% reduction in landing and parking charges, aiming to balance infrastructure development with cost-effective air travel for airlines. The new tariff structure is subject to approval by the Airport Economic Regulatory Authority (AERA).
Aviation regulator DGCA plans to implement measures to control excessive air ticket price increases, following concerns raised during a parliamentary panel meeting. The meeting also addressed air safety issues in light of the Ahmedabad plane crash.
GMR Group-led DIAL, which manages and operates India's largest airport, recently requested the AERA to double the user development fee (UDF) for international business and first-class travellers compared to economy and premium economy over the next four years. It has also sought higher UDF for all domestic passengers flying during peak hours -- 5 am-8:55 am and 5 pm-8:55 pm.
'That refresh programme -- because they are big aircraft and we cannot ground them all at the same time -- will last well into 2027.'
Mumbai, Bengaluru, and Kochi airports have hiked their landing charges by up to 45 per cent, increasing the operating cost for airlines at a time they are facing financial constraints because of the two months of grounding and weak demand.
Futuristic cars are set to take the world by storm.
Regulator sets recovery period up to April 2021.
Modernisation and expansion of the Kolkata and Chennai airports are being carried.
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.
It has been lowered to 'IND BBB+' from 'IND A-', besides placing the rating on 'Rating Watch Negative' (RWN).
The airport operator currently levies a development fee of Rs 600 from an international passenger and Rs 100 from a domestic traveller.
The slot charge has been included in Mumbai International Airport Limited's rate revision proposal.
Flying out of Delhi would become cheaper from Tuesday, with the development fee (DF) charged by the operator of IGI airport here being reduced by Rs 100for domestic and Rs 700 per international passenger.
Any rise in charges has to be approved by the Airports Economic Regulatory Authority, which is examining MIAL's proposal.
Riding high on the aviation boom, India has built 17 international airports.
Observing that India's airport regulator AERA allowed a whopping 346 per cent hike in Delhi airport charges, IATA Director General and CEO Tony Tyler said 'this is clearly unacceptable'.
The order would take effect from February 1 and be in force for a year.
The Airports Economic Regulatory Authority on April 25 decided to raise airport charges, including UDF, by a whopping 346 per cent for two years, with airlines protesting the move and saying they and the passengers would have to face the brunt of the massive hike.
AERA says airport operator must go on its own to avoid revenue-sharing.
The Rajiv Gandhi International Airport (RGIA) here has got clearance from the Airports Economic Regulatory Authority (AERA) to increase the user development fee (UDF) levied on all outbound passengers.
The creation of joint ventures by Delhi International Airport Ltd (DIAL) has not impacted its revenue share, says the Airports Authority of India (AAI).
Delhi International Airport Ltd (DIAL), which constructed and operates Delhi airport, "over-engineered" the new Terminal-3 by building more floor space than stipulated under the master plan, says a cost audit report submitted to the Airports Economic Regulatory Authority (AERA).
Indian airlines are expected to post a consolidated loss of $4.1 billion this fiscal, similar to what they are estimated to have incurred in 2020-21, taking the total losses of two years to around $8 billion as a result of the pandemic so far, aviation consultancy and research firm CAPA said on Thursday. In a report, CAPA expects domestic passenger traffic to be around 80-95 million in 2021-22 as against 52.5 million in the previous financial year. However, despite this growth, it will be well below than around 140 million passenger volumes recorded in 2019-20, CAPA said in the report. This projection of the traffic volume does not take into account the anticipated third wave of the pandemic, it added.
GMR Hyderabad International Airport Limited (GHIAL) is unlikely to post profit in the near future even after the proposed hike in the user development fee (UDF) from Rs 340 to Rs 420 for domestic passengers and from Rs 907 to Rs 1,656 for international passengers, effective November 1.
The government on Thursday cleared the proposed Bill for setting up the Airport Economic Regulatory Authority.
Under the hybrid-till model, a portion of non-aeronautical revenue (commercial revenue) at the airport is taken into consideration while fixing the landing and parking charges, user fees and other aeronautical charges.
Rivals say the concessions would benefit AirAsia alone.
Private airports are much better but because of poor regulation, the tariffs have shot up.
Court documents show that the Kerala government, whose case was treated as the 'lead case' among all the petitions filed against Adani, made four allegations to convince the court to cancel the contract for the Thiruvanathapuram airport. The state's legal team couldn't substantiate most of these allegations with documentary proof and its self-defeating arguments in court failed to convince the judges to cancel the contract given to Adani. The battle for the Thiruvananthapuram airport between the Communist-led Kerala government, the Adani group and the Modi government over the past year hasn't had a dull moment since the proceedings began. Claims of a smoking gun turned out to be a damp squib, says Sai Manish.
Predatory pricing is a big concern for the aviation sector.
With fewer passengers airlines bracing for a rise in operating costs due to a spike in crude prices
Moving from pricing control to a free market means stiff competition.
The Opposition on Monday charged the government with trying to promote crony capitalism, creating fear by giving "unbridled power" to taxmen, trying to snoop into people's lives through increased use of Aadhaar through the provisions of the Finance Bill.
From Kudankulam to the Land Bill, the author takes the Twitter route to capture the infra action of 2013.
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