AI moves SC over Delhi airport charges

State-owned Air India Ltd on 24 January moved the Supreme Court seeking reduction in airport charges at Delhi, court documents showed. In its petition, Air India said Delhi International Airport Ltd (DIAL), run by GMR Infrastructure Ltd, is recovering Rs300 crore every month through these charges, and at this rate, by March 2019, it would have collected a total of Rs17,157.15 crore against the originally targeted Rs7,709.61 crore. This would be an excess collection of Rs9,447.54 crore over and above the target revenue, Air India said in its petition seen by Mint.

The Federation of Indian Airlines (FIA), which includes IndiGo, SpiceJet, GoAir and Jet Airways and controls nearly 90% of the domestic market share, may support Air India, a person aware of the matter said, asking not to be named. Read More…

Credit By : Livemint.com

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