Daijiworld Media Network – New Delhi
New Delhi, Apr 8: In a major relief to airlines, the Airports Economic Regulatory Authority (AERA) on Tuesday announced a 25 per cent reduction in landing and parking charges across major airports in the country.
The reduction, which takes immediate effect, will be applicable to all domestic flights for a period of three months, according to an official order issued by the regulator.
The decision follows a directive from the central government in view of the ongoing crisis in West Asia, which has had a cascading impact on the aviation sector.
“Landing and parking charges (part of aeronautical tariff) at all major airports shall be reduced by 25 per cent from the prevailing tariff. This reduction shall take effect immediately and will be applicable on all domestic flights for three months,” AERA stated.
The authority further said that the move was implemented after due consideration of the government’s directive, aimed at easing operational costs for airlines during the current challenging period.
The temporary tariff relief is expected to provide financial support to carriers and help stabilise domestic air travel amid global uncertainties.