aera - Latest News on aera | Read Breaking News on Zee News

CAG pillories PPP model for Mumbai airport

Last Updated: Friday, July 18, 2014, 14:10

Government auditor CAG Friday pilloried the public-private partnership (PPP) model for the Mumbai airport, saying risks had not been properly transferred to the private party as the project cost doubled and the funding gap was filled up by passengers through development fee.

AERA hikes Bangalore airport charges, IATA opposes the move

Last Updated: Monday, June 16, 2014, 16:22

AERA has fixed charges for aircraft landing, parking, housing and other charges from July 1 till March 31 next year and higher tariff rates from April 1, 2015.

Airport charges at Delhi, Mumbai to remain same till Oct-end

Last Updated: Sunday, May 11, 2014, 10:46

At Delhi's IGI Airport, which is the only one to charge user development fee (UDF) from both outgoing and incoming flyers, the rate would remain Rs 1,131 for international departing passengers and Rs 933 for those arriving here.

AAI eyes Rs 1,500 crore profit this fiscal

Last Updated: Monday, November 25, 2013, 13:50

Airports Authority of India is expecting a net profit of Rs 1,500 crore this fiscal on account of increase in revenue after the Airports Economic Regulatory Authority (AERA) revised the airport tariffs.

Flying out of Kolkata airport to be costlier from mid-Feb

Last Updated: Friday, January 25, 2013, 20:12

Flying out of the swanky new Kolkata airport terminal would become costlier from mid- February, with the airport economic regulator AERA fixing user development fee (UDF) for domestic and international travel.