Tariff Determination For Into Plane Services In India Aera - A Closer Look

Abstract: The Airports Economic Regulation Authority of India ('AERA') established under The Airports Economic Regulation Authority of India Act, 2008 ('AERA Act') is a regulatory body set up among other things to regulate tariffs and other charges for 'aeronautical services' rendered at airports. This write-up seeks to take a closer look at the outcome of the exercise of powers of the AERA in respect of tariff determination for ITP services rendered at airports.

Traditionally, airport operators conducted their operations under public ownership, considered the most potent form of regulation. However, over time, airports across the globe have been privatized, either fully or partially. With the transition of ownership from the public to the private sector, economic regulation of airport services assumes a crucial role in protecting the interest of airport users.