New Delhi: Flying out of Hyderabad will be more expensive than next April.
The Authority of the Economic Regulatory Authority (Aera) has agreed to a annual increase in user development costs (UDF) – paid directly by leaflets – and other aeronautical costs – imposed on airlines, based on the ticket price which was decided – starting April 1, 2022.
Aera tariff orders for Rajiv Gandhi International Order are for the Third Control Period (TCP), from 1 April 2021, until March 31, 2026.
However, this fiscal accusation (until March 31, 2022) has not changed.
Make sure the newborn recovery in the domestic air trip was not hit because the cost of flying was higher.
UDF to abandon domestic and international leaflets every year will increase every year RS 281 and Rs 393, until steep Rs 750 and Rs 1,500 to December 31, 2025.
From January 1, 2026, until the next order is issued, UDF will fall to Rs 500 and Rs 1,000 per domestic and international passenger.
Other aeronautic costs such as aircraft landings and parking fees follow similar trajectories.
Aera has followed the track of the same tariff changes at other airports looking for annual hikes such as Bengaluru and Kochi.
“The demand for air traffic in the first quarter of TA 2021-22 has been greatly influenced by the challenges caused by Covid-19 (second wave) and a slowdown produced in the economy,” said Aera.
The first year is expected to be the most affected year of TCP and any increase in tariffs or additional costs at this stage, it is likely to be detrimental to the traffic recovery and the recovery of the sector as a whole, “said Aera order.
Because there was no increase in tariffs in TA 2021-22, the authority said no expect “cash deficit” in the first fiscal TCP for the operational cost meeting and debt service.
And if there is a deficit, “it is estimated that the airport operator can easily decline by negotiating long-term loan payment schedules and viewing (ING) in other innovative ways to Manage cash or use the relevant credit pathway.
, “He said.” The authority has agreed to increase tariffs and additional allegations in the form of UDF but at the same time he believes that the next control period will be better in the context of lower capital requirements and a larger passenger base due to recovery in the flight sector and economic revival.
Therefore, tariff rates for the next control period are expected to be lower.
Given this, the authority has reduced tariffs in the last quarter of the last year of TCP (starting January 1, 2026), “he added.