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NON AERONAUTICAL REVENUE
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 ...- Is Noida airport really a threat for GMR-owned Delhi airport? JM Financial analysts decode impactNoida International Airport's opening will not severely affect Delhi airport's business. Experts predict only a small passenger shift, main...
- Stocks in news: ICICI Pru Life, Anand Rathi Share, LIC, Vedanta, HALMarkets experienced volatility, declining nearly 1% due to weak global cues, with analysts emphasizing the critical support level of 23,500...
- Government uses special provision to reduce airport landing and parking charges by 25%To support the beleaguered airline industry, airports are rolling out a temporary 25% discount on landing and parking fees for domestic fli...
- Iran war impacts India's aviation sector; fuel costs, route diversions key concerns: EYWest Asian conflicts are significantly impacting India's aviation sector, driving up fuel costs and forcing flight reroutes. Airlines face ...
- Shop till you fly: Delhi airport retail spend can save user feesGood news for Delhi flyers. User fees at Indira Gandhi International Airport might vanish by 2035. Increased shopping and dining by passeng...
- Indian airports need to review their pricing strategies: CAPA IndiaIndian airports can increase profitability by increasing non-aeronautical revenues, according to aviation consultancy firm CAPA India. The ...
- Airports Authority of India working on norms for monetising land assetsAAI -- which is estimated to have garnered over Rs 12,000 crore revenue in 2016-17 -- is in possession of large swathes of land in differen...
- AAI to be allowed to monetise its 50,000 acres land bankThe rules currently do not allow the land around airport to be used for non-aviation purposes.
- ICRA forecasts 16.6% growth in non-aeronautical revenues of airports by 2025Some of the common non-aeronautical activities include food and beverage business, duty-free shops, leasing of terminal space, and running ...
- Flying out of Hyderabad to become expensive soonAn industry insider said that the UDF would have an impact on passenger traffic as passenger traffic slows the moment there is an increase ...
- Navi Mumbai airport: CIDCO can take non-aeronautical revenue shareThe Ministry has approved 'the shared till' model, a request made by CIDCO, after the bidders sought clarification on the matter.
- BIAL proposal on airport tariff could hurt flyersAERA had suggested channelling 40% of non-aeronautical revenue to subsidise the fees that the airport operator is allowed to levy to recove...
- New regulator to fix airport tariffs, fuel surchargeThe Airports Economic Regulatory Authority of India, proposed by the government to regulate airport tariffs, would have the authority to lo...
- Non-aeronautical revenues of airports may touch 54 pc by 2015With the modernisation and development of airport space, the non-aeronautical revenues of airports in India may increase from the current 3...
- Airports high on property rentalsAirports currently get 35% of their revenues from non-aeronautical sources and this could rise to 54% in the next seven years.
- Govt to ensure lower user fee at new airportsWiser from the row over user development fees (UDF) with the developers of GMR Hyderabad International Airport (GHIAL) and Bengaluru Intern...
- Airports may've to cross-subsidise costsGovt plans to make it mandatory for developers to subsidise passenger costs with other income.
- GMR eyes non-aeronautical revenues to meet rising costsWith the modernisation cost of Indira Gandhi International Airport overshooting by over 60 per cent to nearly Rs 9,000 crore, GMR group, th...
- CIAL aims to increase non-aeronautical revenueCochin International Airport Ltd has drawn up an ambitious scheme envisaging optimum use of its spacious complex, aiming to increase its no...
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