BIAL had urged the aviation tariff regulator to maintain tariffs for Q4 FY26, citing heavy capital expenditure to develop Bengaluru as a hub airport and a likely dip in FY26 traffic to 46 million, down from the earlier estimate of 49.4 million.
Parking charges in line with AERA norms, no plans to extend July 31 deadline for relocation from Mumbai Airport: AAHL
Each disembarking international business and economy class passenger will have to pay Rs 304 and Rs 260, respectively.
A stakeholder’s consultation meeting is scheduled on April 2, while the last dates for submitting comments and counter-comments are April 10 and April 13, respectively. After taking feedback, the regulator will announce the new tariffs, likely by the end of April.
AERA held a stakeholder consultation on February 17 to discuss tariff revisions with representatives from GMR Airports, IATA and domestic airlines.
Last month Saurabh Chawla, Executive Director, Finance and Strategy, GMR Airports, told analysts during a post-earnings call that he expects the final tariff order to be notified by the regulator in the first quarter of 2025-26.
The planning commission had circulated a draft master concession agreement which laid down the terms and requirements that any of the private players who are chosen to develop the six airports that the government is looking to privatize would have to meet.
Despite the civil aviation ministry showing remarkable urgency in seeking to abolish airport development fee (ADF), its efforts have hit a roadblock with Mumbai airport operator GVK expressing its inability to infuse additional equity into the joint venture (JV). CNBC-TV18‘s Sumit Jha reports.
India today came under sharp attack for the recent hike in charges at Delhi airport and major delays in building new airports and strengthening infrastructure, with airlines' body IATA saying this was "clearly unacceptable" and the government should encourage the aviation sector for overall economic growth.
Buoyed by the Rs 30,000 crore private sector investment in airport projects during 2007-12, the government plans to attract Rs 50,000 crore more in the 12th Plan from private and foreign sources to push some big ticket projects this year itself.
Air travel is all set to get costlier for those flying in and out of Delhi. The Airports Economic Regulatory Authority (AERA) has decided to raise the User Development Fee by a whopping 346%. This comes into effect from Tuesday.
India's tourism ministry has taken up with the Prime Minister's office the issue of hike in charges by airports regulator AERA that has made travel costly, hitting budget tourists hard.
Jet Airways senior vice-president M Shivkumar presents the airline‘s perspective to CNBC-TV18 on the hike in development charges by the developers of Delhi and Mumbai airports.
The international air transport association (IATA) is not happy with the tariff hike approved by the Airports Economic Regulatory Authority (AERA).
Air travel cost from Delhi is set to go up soon with airports regulator AERA today deciding to raise airport charges by a whopping 346% for two years, as airlines said the passengers would have to face the brunt of this massive hike.