Bangalore Aviation News, Reviews, Analysis and opinions of Indian Aviation
The Bengaluru International Airport Ltd. (BIAL), which operates the Bangalore airport, is proposing hikes in User Development Fees (UDF) of up to 750%!!! From the existing Rs. 231.40, BIAL has proposed to the Airport Economic Regulatory Authority (AERA), revised UDF of Rs. 1,729.43. Even international passengers will see an almost doubling of their UDF from the existing Rs. 952.30 to …
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Air India budget allocation increased to $1.6 billion
In a bid to strengthen the financial position of Air India, the Indian government yesterday substantially increased the allocation for its holding company, National Aviation Company of India Ltd. (NACIL), by about Rs 4,029 crore (approx $806 million) in the interim Budget 2009-2010. Almost the entire increase in allocation for the Ministry of Civil Aviation (MoCA) was cornered by NACIL, …
Read More »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 …
Read More »AERA Bill approved by Union Cabinet
On May 5, 2008, the Indian Government finally approved the Airport Economic Regulatory Authority (AERA) Bill, and passed it to the Parliament of India. This bill has been languishing since its introduction on September 5, 2007, by the Civil Aviation Minister Shri Praful Patel. Till now, almost all airports in India were controlled and operated by the Airports Authority of …
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