IndiGo CEO William Walsh takes aim at airport monopolies as record fuel costs bite
New Delhi, Nov. 2 -- IndiGo chief executive William 'Willie' Walsh has called for lower airport charges and taxes in India, warning that high operating costs could constrain aviation growth as airlines grapple with record jet fuel prices and rising airport tariffs.
"Lower taxes, lower airport charges, that's the way forward," Walsh said at a media briefing on Monday, his first since taking charge as IndiGo chief executive in August.
Airport landing, parking and passenger user development fees (UDF) are among the costs factored into airfares. Indian airfares rose over 30% year-on-year in Q2FY27, primarily because of higher jet fuel prices, with airport charges and UDF also contributing.
The Airports Economic Regulatory Authority of Indi...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.