Aera

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  Flying From Delhi To Get Cheaper From May 1

  Flying out from the Indira Gandhi International Airport in the national capital will soon become cheaper, with regulator AERA directing the airport operator to discontinue levying development fee from May 1.

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  Fliers From Mumbai Airport May Shell Out More for a Metro Link

  Flying from the Mumbai Airport might become costlier from next year if a proposal floated by regulator AERA to levy an additional fee from passengers to fund a metro rail project there, is accepted.

• Flying out of Mumbai will be costlier from February

  From next month flying from Chhatrapati Shivaji International (CSI) airport in Mumbai will be costlier as the Airports Economic Regulatory Authority (AERA) today approved a 154 per cent rise in development fee from passengers.

• Flying from Mumbai airport to be costlier from February 1

  Come February, flying from Chhatrapati Shivaji International airport here will be costlier as the Airports Economic Regulatory Authority (AERA) today approved a 154 per cent rise in development fee from passengers.

• Airport cases in limbo, tribunal dysfunctional

  The ministry has the authority to extend the tenure of the AERAAT, but it has not been exercised.

• Govt aims for Rs 50,000 cr private investment in airport projects

  The government plans to attract Rs 50,000 crore more in the 12th Plan from private and foreign sources to push some big ticket projects this year itself.

• Govt considering hike in Delhi airport charges: Tourism Ministry

  India's Tourism Ministry has taken up with the Prime Minister's office, the issue of hike in charges by airports regulator, AERA, (Airports Economic Regulatory Authority) that has made travel costly, hitting the budget tourists hard.

• Why you will pay more to fly into and out of Delhi from May 15

  The AERA has approved a 345% user development fee hike at the Delhi airport.

• Gates foundation grants $220 mn to develop new TB vaccine

  The Gates Foundation has announced a $220 million grant to a US-based not-for-profit biotech to develop modern vaccines to combat TB.

• Delhi, Mumbai airports finish last in revenue race, finds global survey

  Delhi and Mumbai airports are earning the least 'aeronautical' revenue per passenger compared to other airports of the world, according to a survey.

• GMR Infra net loss widens to Rs 108 cr in Q3

  GMR Infrastructure today posted net loss of Rs 107.96 crore for the third quarter on the back of losses incurred by its Delhi Airport project.

• Civil Aviation Min opposes crediting Airport Development Fee to Consumer Fund

  The Civil Aviation Ministry has strongly objected to the Consumer Affairs Ministry's view that airport regulator AERA should credit Rs 1,500 crore collected by Delhi airport operator DIAL to the Consumer Welfare Fund.

• GMR Infrastructure posts Q1 loss of Rs 67 crore

  GMR Infrastructure on Wednesday reported a consolidated net loss of Rs 66.69 crore for the quarter ended June 30, 2011, mainly on account of lower revenues from the Delhi Airport, high interest cost and increased tax outgo. The company had reported a net profit of Rs 28.44 crore during the corresponding period of the last fiscal. Net sales o...

• AERA asks airport operators to withdraw fuel throughput fee hike

  Airlines are set to benefit from the order passed by the airport regulator, AERA.  The regulator has asked the major airport operators in the country to immediately withdraw the 5 per cent annual hike in fuel throughput fee being charged at all major airports. The move will affect big airports operator like the Delhi international airp...

• Passengers flying out of Delhi to be charged development fee

  Passengers flying out of Delhi airport from December one would have to pay Rs 200 each for domestic travel and Rs 1,300 to go abroad as development fee. In an order, the Airports Economic Regulatory Authority (AERA) has fixed these rates to be charged by the Delhi Internal Airport Limited (DIAL) with effect from December one for 18 months till May ...