udf
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 »
