Wednesday, June 28, 2006

Cabinet to discuss plan on airline industry regulator

New Delhi: The Union cabinet is expected to take up on Thursday the proposal to establish Airport Economic Regulatory Authority (AERA) - which will deal with issues of pricing and competition in airports, particularly in view of the entry of private companies in the airport arena.
The regulator - which will be independent of the existing Directorate General of Civil Aviation (DGCA) that deals with the technical aspects of aviation - will also be entrusted with the task of prescribing pricing of user charges, operations of airlines as well as airports, both state-owned and private.
The AERA will also prescribe the quantum of cess to be charged from air travellers, which will be used to develop state-owned airports across the country.
27/06/06 Times of India
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