aera
An Airport Users’ Consultative Committee has been set up by the Airports Authority of India (AAI) for Chennai airport. The 12-member committee constituted will chiefly voice its opinions on Chennai Airport projects which involve an investment of Rs 50 crore or more. Unidentified sources close to the AAI have revealed that all the development projects [...] Continue Reading »
An “over 100 per cent” hike in airport tariff has been fixed by airport tariff regulator AERA – the Airports Economic Regulatory Authority – for the Kempegowda airport in Bangalore. As a result of the hike, Rs 1,368 and Rs 342 per international and domestic passenger have been fixed by the AERA as user development [...] Continue Reading »
As the Airport Economic Regulatory Authority (AERA) is yet to complete the process for determining tariffs for the second control period starting April 1, 2014 and ending on March 31, 2019, Airport charges and user development fees at Delhi and Mumbai will remain unchanged till May 31. Delhi International Airport had submitted its proposal on [...] Continue Reading »
The GMR has moved the AP High Court challenging the decision of the Airports Economic Regulatory Authority (AERA) in discontinuing collection of user Development Fee for the next two years. The GHIAL has concluded that the AERA has no jurisdiction to fix the UDF and it was the Central government of India who has power [...] Continue Reading »
The Airports Economic Regulatory Authority (AERA) has ordered to scrap the user development fee at Rajiv Gandhi International Airport here. GMR Hyderabad International Airport is considering challenging the order as this will have a negative impact on the company’s financials, said Siddharth Kapur, CFO, GMR Infrastructure’s airport business. Kapur said on the sidelines of India [...] Continue Reading »
At least for the next two years from April 1, flying out of the swanky Rajiv Gandhi International Airport (RGIA) at Shamshabad is all set to be lighter on the pockets. All credits to the Airports Economic Regulatory Authority’s (AERA) decision to scrap the heavy user development fee (UDF) that airport operator GMR Hyderabad International [...] Continue Reading »
