Bengaluru airport today (16 April) hiked airport charges by 120 per cent and 119 per cent for domestic and international passengers respectively for the next four months, reports Times Of India (TOI).
This announcement from the Bengaluru International Airport Limited (BIAL) comes after Airports Economic Regulatory Authority of India (AERA) allowed the airport to increase the UDF for four months to fund expansion plans.
“With the Aera order coming into effect from April 16, the UDF for domestic departures will be revised to Rs 306 from Rs 139 while for international departures it will be Rs 1,226 from Rs 558 earlier," said BIAL in a statement.
“The new charges for domestic and international travel translate into an increase of 120 per cent and 119 per cent, respectively.” the airport added. “The revised fee is applicable for tickets procured between April 16 and August 15...The increased fee will be rolled back from August 16.”
Gateway To New India
According to Hari Marar managing director and chief executive, BIAL, this temporary hike in UDF is expected to fund the Rs 13,000 crore capacity expansion plan of the airport.
The plan envisages the construction of a new terminal, a second runway, access roads, and a multi-modal transport hub. The company expects to complete these work by March 2021.
As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.
Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.
We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.
Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.