Wednesday, August 26, 2015

No change in airport tariff at Chhtrapati Shivaji International Airport

New Delhi: The GVK-run Mumbai International Airport Ltd (MIAL), which is seeking an upward revision in airport charges, would have to wait for the same till November as the tariff regulator has decided to continue with the existing rates for another three months.

The Airports Economic Regulatory Authority of India (AERA) said in an order yesterday that rates approved in its order of January, 2013, are to continue till the end of November this year or till the time that tariffs for the second five-year control period (2014-2019) are determined.

"Aeronautical tariff(s) approved by the Authority vide order dated January 15, 2013, shall continue up to November 30, 2015, or until the final determination of the tariffs for the second control period (2014-2019), whichever is earlier," AERA said in its order.
25/08/15 PTI/Economic Times
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