New Delhi: Air travel is all set to get costlier for those flying in and out of Delhi. The Airports Economic Regulatory Authority (AERA) has decided to raise the User Development Fee by a whopping 346 per cent. This comes into effect from Tuesday. This means those taking domestic flights will have to shell out anything between Rs 195 to Rs 462 depending on the distance travelled. For international fliers,...
08:41 AM, May 15, 2012
New Delhi: Air travel cost from Delhi would go up from May 15 when higher user development fee (UDF) becomes effective for all domestic and international passengers while departing or arriving at the IGI Airport. The Airports Economic Regulatory Authority (AERA) had on April 25 decided to raise airport charges, including UDF, by a whopping 346 per cent for two years, with airlines protesting the move and saying they and...
04:53 PM, May 09, 2012
New Delhi: All the airports across the country have been put on a high alert following a threat of a possible sabotage attempt by a human bomb. The CISF and NSG teams have been alerted. Sources say the threat is not specific but general in nature. More security personnel have been deployed at the airports. ...
10:30 AM, May 08, 2012
New Delhi: In a move that would soon raise air travel costs from the Indira Gandhi International Airport, the Airports Economic Regulatory Authority (AERA) on Wednesday decided to raise landing, parking and other charges by a whopping 346 per cent for two years. In its latest order, AERA also fixed higher rates of user development fees (UDF) for both incoming and outgoing domestic and international passengers this year, with the...
09:01 PM, Apr 25, 2012
New Delhi: Over 2,800 complaints were registered at various airports for issues like poor service, bad food, lost luggage or other problems, with Delhi and Hyderabad topping the list. Out of 2,888 complaints, around 587 complaints were registered at the Delhi airport while Hyderabad stood second with 236 complaints, followed by Bangalore and Nagpur airports with 186 and 170 complaints respectively. Of the six private-run airports, Mumbai and Cochin registered...
11:23 AM, Mar 18, 2012
Mumbai: Just last week, national carrier Air India was forced to suspend one of its senior-most commanders for reporting drunk to duty after pressure from the Civil Aviation Ministry. Now, the struggling airline is being pulled up again for not conducting breathalyser tests to detect alcohol on its crew at foreign airports. RTI data shows the airline has not been carrying out mandatory pre-flight medical checks at foreign airports. In...
08:44 AM, Mar 09, 2012
New Delhi: Indian and foreign airlines have slammed the Delhi Airport operator's demand for an eight-fold hike in tariff, saying it would make the charges in New Delhi even costlier than those levied at Singapore, Bangkok, Dubai and Hong Kong put together. While the Delhi International Airport Limited (DIAL) has justified its proposal of a 774 per cent hike saying the aeronautical tariff would actually increase by 100-150 per cent,...
12:27 PM, Mar 04, 2012
New Delhi: Delhi International Airport Limited (DIAL) on Tuesday justified seeking an eight-time hike in airport charges, saying it would not affect the airlines much and would help the Airports Authority of India (AAI) gain more revenue. "If the proposed hike of 774 per cent by DIAL is approved by Airports Economic Regulatory Authority, then the aeronautical charges would increase only by 100-150 per cent for various airlines," DIAL CFO...
05:06 PM, Feb 28, 2012
New Delhi: As the government mulls allowing Kingfisher Airlines to import ATF directly, oil companies have opposed the move saying the proposal was "bad economics" for the beleaguered airline in view of high taxes and handling cost. In a detailed response to the application made by Kingfisher to import aviation turbine fuel (ATF) directly, oil firms stated that India is surplus in jet fuel and exports half of its production...
10:52 AM, Jan 15, 2012
Mumbai: Though it may sound hilarious, but it's true. The Airport Authority of India (AAI) that promoted some hundred odd employees from its Mumbai division in September 2010 with a salary hike has now revoked all the promotions and hikes. The withdrawal order (copy available with MiD DAY) that was issued by S K Sharma, general manager, HR, AAI on November 29, categorically reads, "In accordance with instruction vide CHQ...
12:47 PM, Dec 07, 2011
New Delhi: The Airports Economic Regulatory Authority (AERA) has been directed to take a call on private airport operators' demand for a tariff hike by January 31 next year. The Airports Economic Regulatory Authority Appellate Tribunal directed the AERA to take a decision in this regard. "Time granted to respondent (AERA) to do the needful in this is extended to January 31," said a three-member bench of the tribunal, headed...
01:52 PM, Oct 20, 2011
New Delhi: A proposal for a big hike in landing, parking, navigation and other charges at the Delhi and Mumbai airports is being considered by the Airports Economic Regulatory Authority (AERA) and a decision is likely by early next year. The AERA is seeking the views of airport users, including airlines, on the multi-year tariff proposals of Delhi International Airport Limited (DIAL) and Mumbai International Airport Limited (MIAL) to hike...
10:41 AM, Oct 16, 2011
Reykjavik: Iceland's volcanic eruption has died down and is no longer spewing out ash, officials said on Wednesday as airlines began to get back to normal after cancelling about 1,000 flights in northern Europe. The explosion of the Grimsvotn volcano on Saturday caused much less chaos than an eruption in 2010 at another Icelandic volcano thanks to new rules for airlines, but the incident showed problems remain with the regulations....
07:56 AM, May 26, 2011
New Delhi: Passengers travelling out of Delhi and Mumbai airports would no longer have to pay Airport Development Fee (ADF) with the Supreme Court on Tuesday quashing the levy which has yielded about Rupees 2,500 crore in two years. Hearing an appeal against the Delhi High Court's order which had upheld levying of ADF, a bench of Justices Cyriac Joseph and A K Patnaik set aside the policy of airport...
04:30 PM, Apr 26, 2011
displayed with permission. Use of the CNN name and/or logo on or as part of CNN-IBN does not derogate from the intellectual property rights of Cable News Network in respect of them.
Disclaimer: Network18 Media & Investments Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has filed a Draft Letter of Offer with the Securities and Exchange Board of India. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at www.icicisecurities.com and www.rbs.in Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to "Risk Factors" in the Draft Letter of Offer. The Equity Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or any state securities laws in the United States and may not be offered or sold in the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S under the US Securities Act) except in a transaction exempt from the registration requirements of the US Securities Act and in accordance with any applicable U.S. state securities laws.
Disclaimer: TV18 Broadcast Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has filed a Draft Letter of Offer with the Securities and Exchange Board of India. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at www.icicisecurities.com and www.rbs.in Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to "Risk Factors" in the Draft Letter of Offer. The Equity Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or any state securities laws in the United States and may not be offered or sold in the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S under the US Securities Act) except in a transaction exempt from the registration requirements of the US Securities Act and in accordance with any applicable U.S. state securities laws.
