Friday, January 23, 2015

Delhi HC provides relief to DIAL on charges from airlines

The Delhi HC has provided relief to the Delhi International Airport (DIAL) from downward revision of tariffs that it charges from airlines. This relief has been extended for 3 months, even as various airlines continue to argue for lowering of tariffs. Between 2009 and 2014 the airports regulator era had fixed tariffs and had seen an increase of 346 percent. Post 2014 these tariffs were due for revision. The Delhi high court had been moved by the DIAL seeking a stay on various tariffs, on various questions of law and fact and the High Court has granted an extension of the first round of fares between 2009 and 2014. A three-month window has been granted to DIAL to continue charging these additional fares of 2009 and 2014.
23/01/15  Ashmit Kumar/CNBC-TV18/moneycontrol
To Read the News in full at Source, Click the Headline