UDF at KIA to go up by 120% for 4 months from today
TNN | Updated: Apr 16, 2019, 06:53 IST
Picture used for representational purpose onlyBENGALURU: Passengers will have to shell out more money for air tickets booked between April 16, 2019 and August 15, 2019 with user development fee (UDF) at Kempegowda International Airport (KIA) being hiked by nearly 120% for a period of four months.
With effect from April 16, UDF for domestic departures will be revised from Rs 139 to Rs 306 and international departures from Rs 558 to Rs 1,226. After August 15, the previous UDF rates will come into place, Bangalore International Airport Limited (BIAL) authorities said on Monday.
While the revised UDF is expected to increase passengers’ expenses, it will spell relief to BIAL, which is currently carrying out a massive capacity expansion of the airport. The additional funds will provide BIAL the required cash flow for implementation of the project, said BIAL authorities.
“This incremental increase in charges would provide BIAL much-needed relief as we are in the midst of a Rs 13,000 crore capacity expansion to cater to the stupendous growth of the aviation sector in India...As mandated by the Airports Economic Regulatory Authority (AERA), money generated from the increase in UDF, during these four months, will be deposited in a separate bank account and will be used only to fund the infrastructure expansion,” said Hari Marar, MD and CEO, BIAL.
UDF has been increased based on an AERA amendment issued on April 4, 2019 to its earlier order no. 18/2018-19, following the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) ruling of March 14, 2019, allowing BIAL to collect revised charges for a limited period of four months. The UDF, which is the charge usually levied by airports to fund their construction and infrastructural activities in 2018, was slashed by nearly 67 % by the Airports Economic Regulatory Authority (AERA) in 2018. Prior to this, BIAL had announced that its plans to have a second accessway to the airport through an Eastern tunnel would be scrapped if the UDF were to be cut down by the AERA.
With effect from April 16, UDF for domestic departures will be revised from Rs 139 to Rs 306 and international departures from Rs 558 to Rs 1,226. After August 15, the previous UDF rates will come into place, Bangalore International Airport Limited (BIAL) authorities said on Monday.
While the revised UDF is expected to increase passengers’ expenses, it will spell relief to BIAL, which is currently carrying out a massive capacity expansion of the airport. The additional funds will provide BIAL the required cash flow for implementation of the project, said BIAL authorities.
“This incremental increase in charges would provide BIAL much-needed relief as we are in the midst of a Rs 13,000 crore capacity expansion to cater to the stupendous growth of the aviation sector in India...As mandated by the Airports Economic Regulatory Authority (AERA), money generated from the increase in UDF, during these four months, will be deposited in a separate bank account and will be used only to fund the infrastructure expansion,” said Hari Marar, MD and CEO, BIAL.
UDF has been increased based on an AERA amendment issued on April 4, 2019 to its earlier order no. 18/2018-19, following the Telecom Disputes Settlement and Appellate Tribunal (TDSAT) ruling of March 14, 2019, allowing BIAL to collect revised charges for a limited period of four months. The UDF, which is the charge usually levied by airports to fund their construction and infrastructural activities in 2018, was slashed by nearly 67 % by the Airports Economic Regulatory Authority (AERA) in 2018. Prior to this, BIAL had announced that its plans to have a second accessway to the airport through an Eastern tunnel would be scrapped if the UDF were to be cut down by the AERA.
Making sense of 2019
#Electionswithtimes
View Full Coverage
more from times of india Cities
LATEST VIDEOS
City
UP cops chase a burning motor-bike for more than three miles, save three persons01:05- Delhi: 19-year-old shot dead on his way to India Gate; family allege foul play by friends01:03
- Ujjain: Truck crashes into traffic signal, catches fire01:13
- Shocking! Video shows car driver dragging toll booth employee in Gurugram as he clings on to bonnet00:54
All Comments ()+^ Back to Top
Refrain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks, name calling or inciting hatred against any community. Help us delete comments that do not follow these guidelines by marking them offensive. Let's work together to keep the conversation civil.
HIDE