Monday, May 29, 2023
English News
  • Hyderabad
  • Telangana
  • Andhra Pradesh
  • India
  • World
  • Entertainment
  • Science and Tech
  • Sport
  • Business
  • ...
    • NRI
    • View Point
    • cartoon
    • Columns
    • Reviews
    • Education Today
    • Property
    • Videos
    • Lifestyle
    • Rewind
E-Paper
  • NRI
  • View Point
  • cartoon
  • Columns
  • Reviews
  • Education Today
  • Property
  • Videos
  • Lifestyle
  • Rewind
Home | Business | Gmr Proposes Udf Hike At Hyderabad Airport

GMR proposes UDF hike at Hyderabad airport

The airport sought an increase of UDF from the existing Rs 281 to a whopping Rs 608 from October 1, a jump of 116 per cent for departing domestic passengers.

By PTI
Published Date - 08:07 PM, Mon - 16 August 21
GMR proposes UDF hike at Hyderabad airport
whatsapp facebook twitter telegram

Hyderabad: The Federation of Indian Airlines vehemently opposes a proposal by GMR Group to the Airports Economic Regulatory Authority seeking an increase of the aeronautical tariffs including User Development Fee (UDF) at Rajiv Gandhi International Airport here.

The AERA last month issued a consultation paper on the tariff revision for the third control period (April 2021 to March 2026) proposed by GMR Hyderabad International Airport Limited that manages the aerodrome, seeking comments from the stakeholders.

The airport sought an increase of UDF from the existing Rs 281 to a whopping Rs 608 from October 1, a jump of 116 per cent for departing domestic passengers. Similarly the airport operator sought a 231 per cent hike on international passengers to Rs 1,300 from the current Rs 393.

The GHIAL, during the third control period proposed to gradually increase the UDF up to Rs 728 and Rs 2,200 by the end of 2025-’26 for domestic and international passengers respectively.

“In this regard, FIA humbly requests AERA to not implement any increase in the aeronautical tariff in the Third Control Period and defer any increase in the same to the subsequent control period, given the adverse financial impact of COVID-19 on airlines,” FIA said in response to the consultation paper.

FIA’s members are IndiGo, SpiceJet and GoAir, according to its website.

At present, the airline operations are barely at 35–44 per cent of the pre-COVID-19 capacity and the passenger traffic at around 30–48 per cent of pre-COVID levels, the airlines body said.

As per industry estimates issued by IATA and CAPA, airlines are likely to undergo losses of USD 8.0 billion for the FY 2020-21 and 2021-22 and it may take two to three years for airline operations to reach the pre-COVID-19 level, in terms of number of flights and passengers, it said.

Also, with limited financial support from the government, airlines are constrained to implement severe cost control measures to sustain its operations, it added.

  • Follow Us :
  • Tags
  • Airports Economic Regulatory Authority
  • GMR Group
  • Rajiv Gandhi International Airport (RGIA)
  • User Development Fee (UDF)

Related News

  • Passengers at Hyderabad airport required to use re-sealable plastic bags for LAGs

    Passengers at Hyderabad airport required to use re-sealable plastic bags for LAGs

  • GMR Innovex launches Robotics CoE for Airports

    GMR Innovex launches Robotics CoE for Airports

  • Rajamouli, Keeravani arrive to rousing reception at Hyderabad airport

    Rajamouli, Keeravani arrive to rousing reception at Hyderabad airport

  • Adani Group, GMR Group acquire franchises in Legends League Cricket

    Adani Group, GMR Group acquire franchises in Legends League Cricket

  • GMR Innovex launches Blockchain CoE for Airports

    GMR Innovex launches Blockchain CoE for Airports

  • GMR Group’s Raxa Security Solutions to give priority to Agniveers

    GMR Group’s Raxa Security Solutions to give priority to Agniveers

Latest News

  • Mahabubnagar: Govt Polytechnic College gets NBA accreditation

    31 mins ago
  • Telangana: Digital Excellence Centres to come up in public libraries

    52 mins ago
  • Hyderabadi shaadi goes to Bengaluru without a bride or a groom

    1 hour ago
  • Niti Aayog rendered useless: Harish Rao

    2 hours ago
  • Telangana: 25 govt polytechnic colleges get NBA tag

    2 hours ago
  • Spend a cool evening with your squad by playing board games at these cafes in Hyderabad

    2 hours ago
  • Wrestlers protest: Over 700 detained, FIR registered against organisers

    7 hours ago
  • CBI lodges FIR against Bollywood producer Bunty Walia in loan fraud case

    7 hours ago

company

  • Home
  • About Us
  • Contact Us

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

© Copyrights 2022 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam