India’s Airport Economic Regulatory Authority (AERA) is expected to make a final decision on whether to implement a “single-till” to calculate airport revenues in Aug-2010 (DNA, 24-Jul-2010). Airport operators have been fighting for the “dual-till” method to remain in operation, as it ensures better revenues, but both AERA and airlines prefer the single-till method. The method involves the cross-subsidisation of aeronautical revenue by non-aeronautical revenue, while the dual-till method keeps the two revenue streams separate. GMR Group CFO Airports, Sidharath Kapur, stated the single-till method will make it difficult to privatise airports and attract private capital.
26-Jul-2010 12:26 PM