labels: News reports, Government / regulatory
GVK-MIAL seek 10 per cent hike in Mumbai airport fees news
03 May 2008

New Delhi: Already riding a wave of incremental increases in the costs of flying, air passengers are now faced with another rude shock with the GVK-led Mumbai International Airport (P) Ltd (MIAL) consortium, seeking a 10 per cent hike in aeronautical charges as well as a hike in passenger service fee to over Rs232, from the current Rs225.

Aeronautical charges are levied on airlines as landing and parking charges.

The GVK-MIAL consortium completes two year of operation on Saturday.

Mumbai is the busiest airport of India and, along with Delhi, accounts for over 60% of the nearly 3,760 daily aircraft movements. Since a majority of the airlines are represented heavily on this sector, they say that higher charges at Mumbai and Delhi would now adversely impact the overall cost of operations.

MIAL officials have confirmed that a request for a 10% hike in aeronautical charges and passenger service fees has been sent to the ministry of civil aviation.

Under the concession agreement signed by both airport operators GVK-MIAL and GMR-DIAL, the operators may hike airport charges by 10% in the third year of operations, which commences from Saturday.

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GVK-MIAL seek 10 per cent hike in Mumbai airport fees