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Saturday 28 December 2013

Delhi airport operator seeks status quo on tariffs

New Delhi: Delhi International Airport Limited (DIAL) has sought a directive from an appellate tribunal to the airport regulator, asking it to put on hold the determination of user charges for the five-year period starting April 1, 2014, till pending appeals against the regulator's earlier tariff order are adjudicated.
Seeking a status quo on its airport charges, which civil aviation ministry officials had claimed would fall by 50% from next April, DIAL has told the tribunal that it has recently submitted its tariff proposal for April 2014 to March 2019 with the Airports Economic Regulatory Authority (AERA) of India.
The operator has urged the tribunal to ask the regulator to await its final decision on unresolved issues such as the return on equity the operator should earn, before setting new tariffs.
Read news in full 23/12/13 Vikas Dhoot/Economic Times

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