The amendment came about after NMIA wrote to AERA on Aug 4 about the lack of growth in its international air traffic
The amendment came about after NMIA wrote to AERA on Aug 4 about the lack of growth in its international air traffic.
NMIA said that despite the commissioning of the full assets of international airside and terminal infrastructure, airlines have been unwilling to commence international operations from Navi Mumbai, resulting in underutilisation of the said infrastructure. “The airlines have attributed this reluctance to the quantum of Aeronautical Tariffs…NMIAL also highlighted the impact of the prolonged geopolitical conflicts resulting in higher fuel prices, airspace closure, insurance surcharges and depressed demand due to which carriers are more risk averse to committing international capacity at new airports,” said the AERA addendum order. “The VTP was provided to a new greenfield airport like NMIAL to incentivise airlines to commence/start their operations from this new airport,” AERA said in its order.
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