Delhi: To ease pressure on the aviation sector, the Airports Economic Regulatory Authority of India (AERA) has reduced landing and parking charges for domestic flights by 25% at all major airports.
The decision has come into effect immediately and will remain in place for three months. The move follows directions from the government in view of the ongoing West Asia crisis, which has added to the challenges faced by airlines.
AERA said the cut applies to aeronautical tariffs and will be reviewed after three months based on market conditions and the financial health of airlines.
Airlines May See Cost Relief
The reduction is expected to lower operating costs for airlines, which have been under strain due to rising fuel prices and other operational challenges in recent weeks.
Landing and parking charges form a significant part of airline expenses, especially for carriers with high aircraft usage. With this cut, airlines are likely to see some improvement in margins and cash flow.
There is also speculation that the benefit could be passed on to passengers, though no official announcement has been made so far.
Applies Across Major Airports
The revised charges will be applicable at all major airports regulated by AERA, offering relief across the domestic aviation network.
The move is expected to benefit airlines operating within India, particularly at a time when the sector is dealing with uncertain conditions and increased costs.
