The Bengaluru International Airport Ltd. (BIAL), which operates the Bangalore airport, is proposing hikes in User Development Fees (UDF) of up to 750%!!! From the existing Rs. 231.40, BIAL has proposed to the Airport Economic Regulatory Authority (AERA), revised UDF of Rs. 1,729.43. Even international passengers will see an almost doubling of their UDF from…
In a report titled “Implementation of Public Private Partnership, Indira Gandhi International Airport, Delhi” the Comptroller and Auditor General of India (CAG) has found faults in almost every step of implementation of the Public Private Partnership (PPP) model in the brownfield privatisation of New Delhi’s Indira Gandhi International Airport (IGIA). While acknowledging the PPP was…
Image courtesy Wikipedia. At a time when the Indian airline industry is already reeling under the double whammy of lowering economic output and sky-rocketing fuel prices, passengers and airlines are going to get hit by a massive hike in both passenger and aeronautical charges at the national capital New Delhi’s Indira Gandhi International Airport (IGIA).…
At the 65th annual general meeting and world air transport summit held in Kuala Lumpur in early June, Giovanni Bisignani, CEO of the International Air Transport Association (IATA) put India’s two largest airports — New Delhi Indira Gandhi International and Mumbai Chhatrapati Shivaji International on the ‘IATA Wall of Shame’ for their steep hikes of…
The Bill for setting up the Airport Economic Regulatory Authority (AERA) was passed by the Lok Sabha on 22-Oct-08. The prime objective of AERA will be to create a level playing field and foster healthy competition among all major airports (Government owned, Public Private Partnership based, Private) encourage investment in airport facilities regulate tariffs of…
On May 5, 2008, the Indian Government finally approved the Airport Economic Regulatory Authority (AERA) Bill, and passed it to the Parliament of India. This bill has been languishing since its introduction on September 5, 2007, by the Civil Aviation Minister Shri Praful Patel. Till now, almost all airports in India were controlled and operated…
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