NEW DELHI: Reviewing its earlier decision to
abolish airport development fees from January 1, 2013, the government has now
proposed to halve the charge by spreading it over a longer tenure.
ET had reported on Monday that the levy would be decreased but not done away with. On Wednesday, airport regulator AERA, in a consultation paper, proposed to reduce airport development fee (ADF) at the Delhi airport from the new year to Rs 100 from Rs 200 at present. Similarly, ADF for embarking international passengers is intended to be brought down to Rs 600 from Rs 1,300 at present.
"This levy, at present, is estimated to continue for a period of 40 months up to April 2016 based on the traffic forecast considered at the time of ADF order dated November 14, 2011," the consultation paper floated by the Airports Economic Regulatory Authority(AERA) said.
Earlier, the airport levy at the current charges was supposed to end by September 2014. The civil aviation ministry had on October 16 sent out a press note directing the Airports Authority of India to infuse more equity into DIAL and MIAL with the objective of abolishing ADF.
The ADF is charged to bridge the gap in project funding. However, the shareholders of DIAL - a consortium led by GMRBSE 0.27 % - conveyed to the government that they are not in a position to infuse additional equity into the project.
ET had reported on Monday that the levy would be decreased but not done away with. On Wednesday, airport regulator AERA, in a consultation paper, proposed to reduce airport development fee (ADF) at the Delhi airport from the new year to Rs 100 from Rs 200 at present. Similarly, ADF for embarking international passengers is intended to be brought down to Rs 600 from Rs 1,300 at present.
"This levy, at present, is estimated to continue for a period of 40 months up to April 2016 based on the traffic forecast considered at the time of ADF order dated November 14, 2011," the consultation paper floated by the Airports Economic Regulatory Authority(AERA) said.
Earlier, the airport levy at the current charges was supposed to end by September 2014. The civil aviation ministry had on October 16 sent out a press note directing the Airports Authority of India to infuse more equity into DIAL and MIAL with the objective of abolishing ADF.
The ADF is charged to bridge the gap in project funding. However, the shareholders of DIAL - a consortium led by GMRBSE 0.27 % - conveyed to the government that they are not in a position to infuse additional equity into the project.
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