New passenger-friendly tariff formula for airports cuts user fee at Bengaluru by 33%

AI Summary

Bengaluru airport introduces a new passenger-friendly tariff formula reducing user fees by 33%. The new model ensures passengers pay for infrastructure that is ready for use, addressing concerns about sudden tariff increases.

New tariff formula ensures passengers pay only for infrastructure ready for use; AERA says it will address concerns over a “tariff spike” as costs are recovered over a shorter period