Annexure II - AERA

The above quotation provide evidence that the EU Directive, in consonence
with ICAO policies, "does not prescribe the basis on which airport charges
should be set, and explicitly leaves open key issues such as the regulatory till"
[Source: Dr. Francesco Lo Passo and David Matthew, NERA (2009), The EU
Directive on Airport Charges: Principles, Current Situation and Developments.]
d. ACI on Till:
ACI on The Airports Council International (ACI), Montreal while referring to
the AERA Order 13/2010-11, has indeed brought to the notice of AERA about
the amendment done to the Para 30(i) of Doc 9082 and clarified about the
neutral position of ICAO on the matter of regulatory till and stated that the
conclusions with regard to ICAO Doc 9082 as well as ICAO Doc 9562 in paras
5.17 -5.32 of the AERA Order 13/2010-11, are therefore not tenable and
require rectification.
e. Planning Commission {PC} on Till:
We understand that the Planning Commission of India (PC) has written to
AERA clarifying its position on the choice of till to be adopted. We understand
that PC has also advocated the need for a Hybrid Till regulation. This has been
also in light of the fact that India required a huge private sector investment
into the Airport sector under the 12th plan. PC has underscored the
importance of the choice of economic regulat ion especially a Hybrid Till
approach in achieving the investment goals.
Therefore, we again reiterate that the views of the Planning Commission may
be taken into consideration.
Based on above it can be concluded that a Dual till was not just envisaged in case of
HIAL but is also desireable given the need for long term growth of the airport sector.
International Examples in support of the treatment of land:
NERA has also analyzed the international examples and from their analysis we find that
real estate is outside regulation in most of the countries.
A detailed country wise analysis is enclosed in Annexure B
Annexure II-B
CP No. 9/2013-14/T-12023(14)/1/2012- Tariff- Vol - III Annexure II-B Page 14 of 51
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