Profit

No loss due to cut in development fee: GMR Airports

PUBLISHED ON: December 31, 2012 | Duration: 5 min, 08 sec

  
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The Civil Aviation Ministry has decided to halve the Airport Development Fee levied on departing passengers at Delhi International Airport, with effect from January 1. Sidharath Kapur, CFO at GMR Airports, says there will be no loss due to reduction in ADF, adding that lower ADF will boost air travel. Mr Kapur also speaks about the ongoing dispute with the Mauritius government over Male airport.
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