Don’t miss the latest developments in business and finance.

AAI earns Rs 3,015 cr from Delhi, Mumbai airports in last 4 yrs

Image
Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 6:57 AM IST

The Airport Authority of India (AAI) has earned revenues of over Rs 3,015 crore in last four years from the Delhi and Mumbai airports, as part of its share from the operators of the two airports, the Lok Sabha was informed today.

AAI received Rs 1,674.62 crore from GMR group-led Delhi International Airport Ltd (DIAL), including a revenue of Rs 544.29 crore in 2009-10.

For the Mumbai international airport, AAI got Rs 1,341.19 crore in last four years as its share, including Rs 396.68 crore in 2009-10.

The figures were presented in the Lok Sabha by Civil Aviation Minister Praful Patel in a written reply.

Both the airports, in 2006, were awarded to GMR and GVK groups for restructuring and modernisation.

For Delhi airport, AAI gets 45.99 per cent of the gross revenue earned by DIAL under the Operation, Management and Development Agreement (OMDA) signed by both the firms.

Replying to a separate question, Patel said that user development fee (UDF) charged by DIAL is to bridge the funding gap of Rs 1,827 crore and will be levied till February 2012.

DIAL charges Rs 200 per departing domestic passenger and Rs 1,300 per departing international passenger as UDF since March 2009.

In reply to a separate question, Patel said that the DGCA has issued showcause notice to three airlines for non-compliance of the prescribed guidelines.

While Paramount Airways was issued showcause notice for not complying with the guidelines for having minimum number of aircraft in the fleet, low-cost carrier SpiceJet was issued notice for overloading in the aircraft, the Civil Aviation Minister said.

Another no-frills carrier IndiGo was issued notice for not adhering to the Route Dispersal guidelines.

Patel added that matter of Paramount Airways is pending before the Madras High Court, while replies of two other airlines is being looked by DGCA, the aviation regulator.

Also Read

First Published: Dec 09 2010 | 5:19 PM IST

Next Story