26-Jul-2010 12:26 PM

Indian authority plans single-till accounting for airports

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.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More