Aera

Airlines, jet owners protest notices to relocate from Mumbai Airport by July 31, steep parking fees at Navi Mumbai airport

Parking charges in line with AERA norms, no plans to extend July 31 deadline for relocation from Mumbai Airport: AAHL

AERA approves MIAL proposal of class-based UDF for Mumbai airport passengers

Each disembarking international business and economy class passenger will have to pay Rs 304 and Rs 260, respectively.

AERA calls for stakeholders consultation next week on Mumbai Airport UDF hike

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.

Airfares from Delhi airport may rise as GMR seeks higher charges

AERA held a stakeholder consultation on February 17 to discuss tariff revisions with representatives from GMR Airports, IATA and domestic airlines.

AERA to take a call on Delhi Airport tariff plan after consultation by March-end

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.

Matter to roll out electric motorcycles to take on commuter ICE bikes

Based on the UT and EXE concepts showcased at the Auto Expo, the as-yet-unnamed bikes will be launched in the next 18-24 months, a senior official of Matter told Moneycontrol in an exclusive interaction.

Matter rolls out geared electric motorcycle Aera with prices starting at Rs 1,43,999

The Aera will be offered with a claimed range of 125 km for all variants except 6000+, which will go up to 150 km on a single charge.

India high cost environment for airlines; critical that AERA is empowered further: IATA official

AERA decides what tariffs -- such as base airport charges, landing charges, parking charges and passenger service fee -- can major Indian airports charge an airline or a passenger for a particular period after considering the airports' expenditure and revenue projections for that period.

Airports Economic Regulatory Authority Bill introduced in Rajya Sabha

The Cabinet on June 24 had approved the Airports Economic Regulatory Authority(Amendment) Bill.

Path Breaking Executive Education Programme on Utility Regulations and Strategy for Regulatory Bodies of India by Jindal University

Another path breaking initiative by O. P. Jindal Global University is the programme on Utility Regulations and Strategy for Regulatory Bodies of ...

AERA approves Rs 518 cr for constructing two metro stations

Mumbai Metro Rail Corporation (MMRC) will be developing three stations in Chhatrapati Shivaji International Airport area -- including Domestic Terminus (T1) and International Terminus (T2) and Sahar Road -- it said in a statement.

Cheaper Delhi flights? 96% cut in airport fees proposed

In what would be a setback for Delhi International Airport Ltd (DIAL), a unit of GMR Infra, the Airport Economic Regulatory Authority (Aera) has proposed a 96.08 percent cut in airport charges for the Indira Gandhi International (IGI) Airport

AERA wants to reduce aeronautical charges at Delhi airport

Airport regulator Airports Economic Regulatory Authority of India (AERA) wants to reduce aeronautical charges at Delhi airport by a whopping 78 percent meaning airlines will have to may much lower fees for facilities like landing and parking.

GMR may challenge order scrapping UDF at Hyderabad airport

The order by the Airports Economic Regulatory Authority (AERA) will have a negative impact on the company's financials, said Siddharth Kapur, chief financial officer of GMR Infrastructure's airport business.

UDF revision on the cards to lure private players

This may make these airports more attractive to private players like GVK, GMR, Tata, Reliance that have shown interest in bidding for airports.

Govt unlikely to insist on past experience for airport bids

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.

GVK unable to infuse additional equity in MIAL: Sources

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.

IATA attacks govt for airport charges hike

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.