Delhi , Mumbai airport termed as “Wall of shame”
Giovanni Bisignani, CEO of International Air Transport Association(IATA), on Tuesday put Delhi and Mumbai Airport on the ‘IATA Wall of Shame’ fortheir steep hikes in fees which, he said, added to the jeopardy of the aviationindustry.
Bisignani was speaking at the 65th IATAAnnual General Meeting and World Air Transport Summit held in Kuala Lumpur,Malaysia.
Air India’s CMD, Arvind Jhadav and Jet Airways CEO Naresh Goyal were alsopresent at the meeting.
About 11 per cent of airline companies’ revenues go to monopoly suppliers.Airlines pay over $54 billion to airports and air navigation serviceprovi-ders. According to IATA figures, the bill that airlines have paid tomonopoly suppliers grew by $1.5 billion last year. In the first six months of2009, as the crisis in the industry worsened, it grew by another $1.5 billion.
Bisignani said Delhi and Mumbai airports had a special place on the ‘IATA Wallof Shame’. He said Delhi and Mumbai airports were one of the worst contributorsto the crisis, for their 207 per cent hike in charges.
“There is no room for this nonsense in our future. When demand drops, supplierscannot divide the same costs among fewer customers. The shape of everythingmust change,” he declared.
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