Attention Flyers! Flying from Mumbai airport set to become costlier - Here's why

Attention Flyers! Flying from Mumbai airport set to become costlier - Here's why

There is some important updates for flyers using Mumbai International Airport as flying from this airport is set to become costlier from next financial year. This is because the private airport operator Mumbai International Airport Ltd (MIAL) has proposed a steep hike of Rs 463 in User Development Fee (UDF) for international passengers, while domestic passengers will be charged a UDF of Rs 325.

At present, international passengers pay a User Development Fee (UDF) of Rs 187, which has been proposed to be raised to Rs 650, while domestic passengers do not pay any such fee.

"The proposed tariff card, which has been submitted to the Airport Economic Regulatory Authority (AERA) for its approval, is in line with what the regulator has approved for MIAL," a source told PTI.

At the same time, however, in a big relief to airlines, MIAL has also proposed a 35 per cent reduction in the landing and parking charges at its facility for the fourth control period (FY2024-2029), according to the AERA website.

Read More Kawasaki Announces Year-End Discounts on Ninja 300 and Versys-X 300, Slashes Prices Until December 31

AERA has the mandate to determine all tariffs for major airports in the country. An airport which has or is designated to have a capacity of 3.5-million passengers per annum or above falls in the category of major airports.

Read More NCH facilitates Rs 45 crore refunds across 31 sectors in 8 months, e-commerce leads

A joint venture company Mumbai International Airport Ltd (MIAL) operates and manages Mumbai International Airport, the country's second-busiest airport.

Read More Experts call for ramping up science and tech investment in India

Adani Group owns a 74 per cent stake in MIAL while the Airports Authority of India has the remaining 26 per cent stake.

Mumbai International Airport, with two terminals -- T1 and T2 -- has a capacity to handle 55 million passengers per annum. In the fiscal year ended March 2024, it handled a total of 52.82 million passengers.

MIAL in June 2024 had submitted the multi-year tariff plan to the AERA proposing a 675 per cent hike in user fee from October 1, 2024, citing a target revenue of Rs 38,724.90 crore and a capex of Rs 17,439.38 crore for the five-period for carrying out expansion work, which included reconstruction of terminal 1 as well as expansion of T2 and general terminal.

With PTI inputs

Tags:

About The Author

Aryan Age Picture

Welcome to Aryan Age, an English newspaper that has been serving readers since 2011 from Delhi. With a loyal circulation of over 19,000, we are dedicated to providing our readers with the latest news and information, as well as insightful analysis and commentary that help them navigate the complex and rapidly changing world.

Post Comment

Comment List

Latest News

IMF ignores its own report to okay $1.29 bn loan for Pakistan IMF ignores its own report to okay $1.29 bn loan for Pakistan
The International Monetary Fund’s Executive Board has paradoxically approved another $1.29 billion as financial support for Pakistan despite the multilateral...
'Mann Ki Baat': PM Modi shares how Manipur youth's solar mission lights up hundreds of homes
Supercalifragilisticexpialidocious 2025: A launchpad for India’s next sporting leap

Live Cricket Score

Advertisement

Science & Tech

Renault Revives a Trailblazer: New Duster Teased Ahead of January 2026 India Launch Renault Revives a Trailblazer: New Duster Teased Ahead of January 2026 India Launch
Renault teases the all-new Duster ahead of its January 26, 2026 India launch, reviving a nameplate that pioneered the compact...
Xiaomi 17 Ultra Set to Redefine Mobile Photography With Leica Cameras and Physical Zoom Ring

Health

Coffee-Based Home Remedies Gain Ground as Dermatologists Highlight Natural Skincare Benefits Coffee-Based Home Remedies Gain Ground as Dermatologists Highlight Natural Skincare Benefits
A growing number of dermatologists are endorsing coffee-based home remedies as natural, affordable alternatives to commercial skincare. From face scrubs...
Moringa’s Rise as a Global Superfood Gains Momentum Amid New Research

Lifestyle

Cost of home-cooked veg, non-veg thalis falls 13 pc in November due to ease in input prices Cost of home-cooked veg, non-veg thalis falls 13 pc in November due to ease in input prices
The cost of preparing both vegetarian and non‑vegetarian thalis at home fell 13 per cent year‑on‑year in November, driven mainly...
10 budget honeymoon destinations for the newlyweds in India
crossorigin="anonymous">