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Thursday, 9 June 2016

Tariff Hike for Airport Takes Effect Sept. 30

Mumbai: Mumbai International Airport Ltd (MIAL) won't be able to charge airlines more for using its Chhatrapati Shivaji International Airport for now, with the tariff regulator Airports Economic Regulatory Authority Of India (Aera) saying the tariff hike it granted in March will not take effect at least until 30 September.


"Aeronautical tariff(s) approved by the authority dated 15 March 2013 shall continue up to 30 September 2016 or until the final determination of the tariffs for the second control period (ie 2014-19), whichever is earlier," Aera said in a notification dated 31 May posted on its website.

In March, Aera had recommended a 7% tariff hike, far lower than the 104.82% increase that MIAL wanted. The increase was supposed to take effect on 1 May.
To Read the News in Full 02/06/16 PR Sanjay/Mcclatchy/AviationPros
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