+
Airlines raise obj. over increased charges at Adani airports
AVIATION & AIRPORTS

Airlines raise obj. over increased charges at Adani airports

According to officials at the Airports Economic Regulatory Authority of India, Indian airlines have objected to the proposed rise in landing and parking fees at the airport operated by Adani in Lucknow (AERA).

According to a representative of the government, "Airlines have written to the AERA to defer any rise in the aeronautical tariff to the next control period because it will negatively impact the airlines"

The UDF is a cost assessed on the passenger's ticket to use the facilities at the airport; parking and landing fees are covered by the airlines.

Airport fees in Ahmedabad and Mangalore have climbed over the last 12 months.

"The airport in Lucknow is proposing outrageous fees. All airlines are equally destroyed by this. While still making up for the past three years of covid, increasing ATF prices, and the current inflation, airlines are already struggling with losses. It will be challenging for airlines to maintain their cash flow as a result. The only choice left is to pass it along to the passengers, dramatically raising airport tickets, according to an airline executive.

According to officials at the Airports Economic Regulatory Authority of India, Indian airlines have objected to the proposed rise in landing and parking fees at the airport operated by Adani in Lucknow (AERA). According to a representative of the government, Airlines have written to the AERA to defer any rise in the aeronautical tariff to the next control period because it will negatively impact the airlines The UDF is a cost assessed on the passenger's ticket to use the facilities at the airport; parking and landing fees are covered by the airlines. Airport fees in Ahmedabad and Mangalore have climbed over the last 12 months. The airport in Lucknow is proposing outrageous fees. All airlines are equally destroyed by this. While still making up for the past three years of covid, increasing ATF prices, and the current inflation, airlines are already struggling with losses. It will be challenging for airlines to maintain their cash flow as a result. The only choice left is to pass it along to the passengers, dramatically raising airport tickets, according to an airline executive.

Next Story
Resources

IIM Calcutta launches Advanced Programme in Smart Manufacturing Leadership

As India advances towards its goal of becoming a USD 5 trillion economy, the government is focused on enhancing the manufacturing sector, particularly through smart and digital manufacturing initiatives. With the 'Make in India' initiative having gained momentum, the National Policy on Electronics and the Production Linked Incentive (PLI) Scheme are further underlining the government's dedication to establishing India as a prominent global manufacturing hub. According to a report by OmniScience Capital, India's manufacturing sector is expected to play a pivotal role in driving economic gr..

Next Story
Infrastructure Transport

Railways Launch Track Solar Panels and New Freight Initiatives

The Ministry of Railways has announced a milestone in green energy innovation with the commissioning of India’s first renewable solar panel system installed between railway tracks at Banaras Locomotive Works (BLW), Varanasi.According to the ministry, Indian Railways has commissioned a 70-metre removable solar panel system comprising 28 panels with a 15 KWp capacity. The initiative marks a historic first in the nation’s sustainability drive.At the same time, freight operations have been expanded. On 10 August, the first industrial salt-loaded rake was dispatched from Sanosara on the Bhuj–..

Next Story
Infrastructure Urban

Nikhil Kamath Invests Rs 1.38 Billion in Goldi Solar

Nikhil Kamath, co-founder of brokerage firm Zerodha, has announced an investment of Rs 1.38 billion in solar PV module manufacturer Goldi Solar for an undisclosed stake.The Gujarat-based company said it will utilise the fresh capital for expansion initiatives. “Renewable energy in India is a massive sector, and there is an equally massive opportunity to build global-scale companies right here on our home ground,” Kamath noted.Over the past year, Goldi Solar has expanded its solar PV module manufacturing capacity from 3 GW to 14.7 GW and is also advancing its solar cell production facilitie..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?