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  India   Now, flying out of IGI will be cheaper

Now, flying out of IGI will be cheaper

AGE CORRESPONDENT WITH AGENCY INPUTS
Published : May 2, 2016, 2:26 am IST
Updated : May 2, 2016, 2:26 am IST

Flying out of the IGI Airport in the national capital has got cheaper from Sunday with the discontinuation of the development fee being charged from each passenger for the past several years.

Flying out of the IGI Airport in the national capital has got cheaper from Sunday with the discontinuation of the development fee being charged from each passenger for the past several years.

Delhi International Airport Ltd. (Dial), the joint-venture company which runs the IGI airport, was allowed to levy `100 per flight as development fee (DF) from passengers flying on domestic routes and `600 from those flying to international destinations.

The airports tariff regulator Airports Economic Regulatory Authority (AERA) had in February issued an order directing Dial to discontinue DF from May 1, after having allowed it to levy it through a December 2012 order.

Citing the average monthly collection of `30 crore as DF, the AERA had in its order in February said the total sanctioned DF amount of `3,415.35 crore was likely to be recovered by April 30, 2016. To cover the financial gap in developing the airport, the allowable DF was determined at Rs. 3,415.35 crore.

Directorate General of Civil Aviation (DGCA) in April had also asked all airlines operating from Delhi to refund the DF charged from passengers flying out of the IGI Airport on the tickets booked for journey beyond April 30. Dial is a joint venture between GMR group, Airports Authority of India and Germany’s Fraport AG.

Location: India, Delhi, New Delhi