Mumbai: The new civil aviation policy will make travel costlier, said the International Air Transport Association (IATA), a trade association representing the airline industry on Tuesday.
"While the draft indicated that 'tariff at all future airports will be calculated on a hybrid-till basis', the final policy states 'future tariffs at all airports will be calculated on a hybrid-till basis'. This change will impact the basis for tariff determination for private airports in India," said IATA. It will also signal the Airports Authority of India to switch from the single-till approach used currently, to the hybrid-till mode.
For fixing the airport tariff, in the single-till model, revenue from both aeronautical (like landing, parking charges) and non-aeronautical activities (rent from shops in terminals etc) are taken into account. In the hybrid-till model, all aeronautical and 30% of non-aeronautical revenue is taken into consideration to arrive at the tariff that an airport can charge the airlines.
To Read the News in Full 21/06/16 Times of India
"While the draft indicated that 'tariff at all future airports will be calculated on a hybrid-till basis', the final policy states 'future tariffs at all airports will be calculated on a hybrid-till basis'. This change will impact the basis for tariff determination for private airports in India," said IATA. It will also signal the Airports Authority of India to switch from the single-till approach used currently, to the hybrid-till mode.
For fixing the airport tariff, in the single-till model, revenue from both aeronautical (like landing, parking charges) and non-aeronautical activities (rent from shops in terminals etc) are taken into account. In the hybrid-till model, all aeronautical and 30% of non-aeronautical revenue is taken into consideration to arrive at the tariff that an airport can charge the airlines.
To Read the News in Full 21/06/16 Times of India
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