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Business Standard

Increase in airfare not linked to rise in airport charges, says ACI

Airport charges are an important element of the commercial aviation ecosystem for infrastructure development and increase in airfares is not linked to a rise in the charges, according to the Airports Council International (ACI). Against the backdrop of the International Air Transportation Association (IATA) flagging concerns over a steep rise in airport charges, ACI also said that the charges will remain a critical source of revenue for airports. "Airport charges are an important element of the commercial aviation ecosystem for infrastructure development. Failing to address the capital expenditure requirements to accommodate the projected growth could have serious socio-economic consequences," Stefano Baronci, Director General, ACI Asia Pacific & Middle East, said. In a statement to PTI, he noted that airports are highly infrastructure-intensive businesses, with their cost structures dominated by significant fixed costs for the operation and upkeep of essential infrastructure such

The Economic Times

Airfare hike not linked to rise in airport charges: Airports Council International

Airport charges are crucial for infrastructure development in aviation, says Airports Council International (ACI). Despite concerns from the International Air Transportation Association (IATA) about rising charges, ACI maintains that these fees are vital for airport revenue and do not significantly impact airfares. India's rapid aviation growth highlights the importance of maintaining infrastructure investment.

Business Standard

IGIA becomes 1st Indian airport to get net zero carbon emission status

Delhi airport has become the country's first airport to get the net zero carbon emission status under the Airport Council International's accreditation programme, DIAL said on Wednesday. GMR Group-led DIAL is the operator of the Indira Gandhi International Airport (IGIA) in the national capital. Initially, the airport targeted to achieve net zero carbon emission by 2030, and the target has been achieved well ahead of schedule through various initiatives, including the adoption of renewable energy, development of green airport infrastructures and promotion of electric vehicles, it said in a release. DIAL said IGIA has become the first airport in India to successfully achieve Net Zero Carbon Emission Airport status under the Airport Council International's (ACI) Airport Carbon Accreditation (ACA) programme. "With the attainment of Level 5 net zero emission accreditation in 2024, we have once again demonstrated our commitment to continual improvement and sustainability. "As we face t