What role does the regulator have to play in an environment where the airlines and the airports would all like to raise tariffs and expand business? Yashwant Bhave, Chairman, Airport Economic Regulatory Authority of India (AERA),explains how his team determines tariffs and development fees, and why it is fair on everybody.
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India Airports 2011 Infra around airports needs major boost: Experts
Investment opportunities of $110 billion are being envisaged up to 2020 with $80 billion towards new aircraft and $30 billion towards the development of airport infrastructure, according to the Investment Commission of India. But are the new aircraft and big development plans likely to materialise? A report on the conference held last month in Delhi.
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Delhi Intl Airport seeks development fee extension
GMR Infra-controlled Delhi International Airport is seeking an extension of the airport development fee (ADF), a proposal for which is pending with the Airports Economic Regulatory Authority, after banks refuse to lend further.