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October 23, 2008 – Bangalore Aviation

Daily Archives: October 23, 2008

Lok Sabha passes Airport Economic Regulatory Authority bill

The Bill for setting up the Airport Economic Regulatory Authority (AERA) was passed by the Lok Sabha on 22-Oct-08. The prime objective of AERA will be to create a level playing field and foster healthy competition among all major airports (Government owned, Public Private Partnership based, Private) encourage investment in airport facilities regulate tariffs of aeronautical services, protection of reasonable …

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