Bill to monitor airport performance introduced
New Delhi: The Bill for setting up the Airport Economic Regulatory Authority (AERA), a body to regulate the country's airports, was introduced in the Lok Sabha today by Minister for Civil Aviation Praful Patel.The authority, expected to come up early next year, will determine airport tariffs and charges and will also have an appellate tribunal to settle disputes between stakeholders like airport developers, consumers and service providers.The act covers all airports including public, private and leased, greenfield airports and civil enclaves. However, airports maintained by the armed forces are not a part of the this act.Both the regulatory authority and the tribunal will have a chairman and two members selected by the central government. Later, the body will appoint officers, employees and experts to discharge its functions.The body will also set certain standards of performance for airports on the basis of criteria set by global aviation bodies like the Airports Council International (ACI), International Civil Aviation Organisation (ICAO) and International Air Transport Association (IATA).
New Delhi: The Bill for setting up the Airport Economic Regulatory Authority (AERA), a body to regulate the country's airports, was introduced in the Lok Sabha today by Minister for Civil Aviation Praful Patel.The authority, expected to come up early next year, will determine airport tariffs and charges and will also have an appellate tribunal to settle disputes between stakeholders like airport developers, consumers and service providers.The act covers all airports including public, private and leased, greenfield airports and civil enclaves. However, airports maintained by the armed forces are not a part of the this act.Both the regulatory authority and the tribunal will have a chairman and two members selected by the central government. Later, the body will appoint officers, employees and experts to discharge its functions.The body will also set certain standards of performance for airports on the basis of criteria set by global aviation bodies like the Airports Council International (ACI), International Civil Aviation Organisation (ICAO) and International Air Transport Association (IATA).
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