Tuesday, March 10, 2009

Rupees 11 billion to be paid by Airlines to the Airport Operators

Airports Authority of India said that Airlines owe it Rupees 11 Billion, out of which Air India alone has to pay Rupees 7 Billion. Though airport has given airline operators an ample of time to clear dues but still they need money for upgrading the airports and government also approved the airports development fee for raising fund for the development of airports. Already 20 airports including Kolkata and Chennai are being upgraded by AAI by investing Rs 120 billion.

Delhi International Airport Ltd. (DIAL) has already started charging Rs 200 from domestic passengers and Rs 1300 from international passengers as development fee from March 1st onwards. The one upgrading the Chhatrapati Shivaji International Airport in Mumbai will charge Rs 100 per trip from domestic passengers and Rs 600 from international passengers April 1st onwards. Greenfield Airports at Hyderabad and Bangalore charges Rs 375 and Rs 260 from domestic passengers and Rs 1000 from international passengers on Airline Tickets.

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