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AIRPORT DEVELOPMENT FEES
Arkansas family sues Delta Airlines for $2.35 million after father allegedly falsely accused of trafficking his own daughterA family is suing Delta Air Lines for over two million dollars. They claim a flight attendant wrongly accused a father of trafficking his o...
Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...
Andhra Cabinet gives nod to 34 proposals; boosts aviation, irrigation, industrial developmentThe Andhra Pradesh Cabinet approved 34 proposals, including a new aviation policy, organ transplantation law, and revised funding for the P...
Airlines' fuel, vehicle replacement & roadways in focus as Cabinet announces key decisions worth Rs 30,290 croreThe Union Cabinet has approved significant development initiatives totaling Rs 30,290 crore. A key focus is providing Rs 10,000 crore in bu...
IIFCL eyes Rs 75,000 crore sanctions in FY26 after record year, says MD Rohit Rishi, NPA Drops to 0.40%India Infrastructure Finance Company Ltd (IIFCL) aims for Rs 75,000 crore in sanctions for FY26, a significant increase. This expansion fol...
The City of Gold starts coming back to life after its darkest hourDubai's economic landscape is tested after regional conflict. Aviation, hotels, and real estate see impacts. Luxury retail also faces press...
Hyderabad Metro to turn profitable next year with IRFC’s low-cost loan: Telangana Chief SecretaryHyderabad Metro is set to become profitable next year. Indian Railways Finance Corporation has provided a Rs 13,527 crore loan to refinance...
Air India plane suffers tail strike at Bengaluru airportDuring a routine flight from Delhi to Bengaluru, an Air India plane faced a tail strike on landing but safely touched down with 181 passeng...
Lower user development fee okayed for Navi Mumbai AirportNavi Mumbai International Airport will see lower passenger charges. India's airport tariff regulator has approved reduced user development ...
Quit metro life for a smaller city? Here’s the real money math Indians must check before movingMany are trading metro life for tier 2 cities, seeking better quality of life, cleaner environments, and reduced stress. While income may f...
Noida airport: Regulator AERA fixes Rs 490 UDF for departing domestic passengersAirports tariff regulator AERA has set the User Development Fee (UDF) for Noida International Airport at Rs 490 for departing domestic and ...
Noida International Airport may lose fare edge over IGI despite UP’s fuel tax relief. Why?Flyers may not find cheaper flights from the new Noida International Airport as higher airport tariffs and passenger charges offset Uttar P...
Airport operators urge MoCA for urgent relief amid 25% cut charges to compensate revenue lossAirport operators are requesting urgent government support. A 25 percent cut in landing and parking fees for domestic flights has impacted ...
Airport privatisation: Government weighs bid cap to boost competitionIndia is redefining the rules of the game with its upcoming airport privatisation plans, aiming to curb monopolistic tendencies in the avia...
Global markets face rising strain as supply chain tightens and oil risk persists: Neelkanth MishraGlobal supply chains are showing stress as inventories run dry. This is impacting manufacturing and even international aviation. Oil market...
Adani arm sets up three hotel, real estate airport city unitsAdani Enterprises is expanding its airport cities. Three new subsidiaries will focus on hotels and real estate development. This is part of...
India orders major airports to cut some charges by 25%, in relief to airlinesIndia's airport regulator has mandated a 25% reduction in landing and parking fees for domestic flights for three months. This decision aim...
Airport user fee cut but citizen groups say it’s not enoughOn Saturday, the regulator brought down the fee by about 67%. Starting September 16, domestic passengers pay ₹100 per head towards the UDF ...
- Delhi airport development fee to be halved from today
ADF levied to outgoing passengers at Delhi airport will be halved from Tuesday to Rs100 for domestic travellers and Rs600 for international...
Airport Development Fee at Delhi, Mumbai airports to stay as GMR & GVK fail to pump in fundsReviewing its earlier decision to abolish airport development fees from January 1, 2013, the government now plans to lower the charge by sp...