New Delhi: Flying out of all six airports that are in the process of being privatised — Chennai, Kolkata, Jaipur, Lucknow, Guwahati and Ahmedabad — is likely to get expensive once the privatisation process is through as the civil aviation ministry has decided to follow the 'hybrid till' model and set aside a portion of non-aeronautical revenues for the airport operator.
Not all revenues — aeronautical and non-aeronautical — collected at these airports will be accounted for during the calculation of charges by the airport regulator under the 'hybrid model' than under the 'single till' model followed currently, where collection from both streams are taken into account. By apportioning a part of the revenue stream to the operator under the 'hybrid till' model, the user charges would consequently go up.
"We have decided to follow hybrid model at these airports by taking 60 per cent of the non-aeronautical revenues into account while calculating charges at these airports, and leaving the remaining 40 per cent for the airport operator," said a senior ministry official.
Read News in full 03/01/14 Mihir Mishra/Indian Express
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