Govt Plans Inflation-linked Pre-determined Tariff Structure For Airports


The government plans to have a pre-determined tariff structure linked to inflation for airports as it seeks to address issues hindering investments in the fast growing Indian aviation sector, a senior official said.

Currently, there is cost plus tariff structure wherein the rates for an airport are determined every five years, which is known as the concession period.

Many more airports are expected to be operational in the coming years, especially with rising air passenger traffic and infrastructure woes at some of the existing major aerodromes.

“The wide variation in airport tariffs create challenges for domestic and foreign airlines who have to recover the same from passengers,” Airports Authority of India (AAI) Chairman Guruprasad Mohapatra told . Read More

You may also read!

Afghan Taliban’s Ghazni Attack Turns Pakistan Into Useful US Ally Once More; India Caught In Uncomfortable Situation

Ghazni is a historic and strategically important city in Afghanistan. It straddles the Kabul-Kandahar Highway, and is also close

Read More...

China Sending Trade Envoy To Washington For Talks

China's government says it will send a trade envoy to Washington for talks amid a worsening tariff dispute. The

Read More...

China-Pakistan Satellite Nexus Affects India’s War Strategy

Pakistan has been struggling since its foundation to achieve parity with India in strategic technologies such as nuclear, defence

Read More...

Leave a reply:

Your email address will not be published.

Mobile Sliding Menu