ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2023
  • Adani Saga
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Real Estate
    • Home Buyers
    • Builders
  • Axis MF
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • Viral
    • Education
    • Jobs
Read in App
Business News » India News

India's regulatory regime for airports still evolving: Moody's

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
India's regulatory regime for airports still evolving: Moody's
Representational Image: Photo: Pixabay

The regulatory regime in India for airports is "still quite new and evolving" posing credit challenges for the aerodromes, rating agency Moody's has said even as the passenger numbers are on the rise.

With high double-digit growth in domestic air traffic for the past more than two years, India is one of the fastest growing aviation markets in the world.

In a report, Moody's Investors Service has said it expects large airports in India to bring forward plans to expand capacity to meet the growing demand.

"The regulatory regime in India for airports is still quite new and evolving, which presents a credit challenge for airports," the report said.

According to Moody's, terms and conditions stated in concession agreements for airports have been different from those stipulated under the regulatory act on certain key issues, leading to frequent misunderstandings.

"For example, there have been different interpretations of what constitutes aeronautical and non-aeronautical revenues and whether non-aeronautical revenues can be used to subsidise airport charges.

"Similarly, there are disputes over components of the rate base for arriving at aeronautical revenues. This has led to the Ministry of Civil Aviation playing a more active role and giving policy directives," it noted.

Major airports in India have been registering a strong rise in passenger traffic - which has recorded two years of 20 per cent plus growth.

The report, released last week, also said large airports in the country are expected to bring forward plans to expand capacity.

"A further track record of consistent application of regulated settings will provide support for the credit profiles of airport operators in India, and encourage more and timely capital investment in the sector," Moody's said. 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Indian airportMoody's Investor ServicesMoody's on India's airport regulationIndian airport regulation regimeMinistry of Civil AviationAviationair passengersEconomy
Written By: PTI
Updated: Sun, Dec 03, 2017
12:37 pm
New Delhi, PTI

LATEST NEWS

Q3 Results 2023: Tata Steel reports Rs 2,502 crore net loss; SJVN net up 22%, P&G profit dips

400% DIVIDEND STOCK: This beauty cream manufacturer fixes record date

Gold Price Today (February 6): Yellow metal rebounds after hitting four-week low - Check rate in Delhi, Mumbai and other cities

Parliament Budget session highlights: Adani issue rocks Parliament, Oppn demands JPC probe

AP Police Constable Results 2023 declared: Check cut-off marks on slprb.ap.gov.in and steps to download scorecard from direct link

JEE Main 2023 Marks vs Percentile Rank - Check how to calculate NTA Jee Mains marks vs percentile score

Delhi MCD Mayor Election 2023: House adjourned without electing mayor for third time in a month, AAP to move Supreme Court

Layoffs in 2023: How to manage your finances amid job cuts

Turkey Earthquake: Third powerful quake measuring 7.5 jolts region, death toll crosses 1000

This Dolly Khanna stock has jumped over 3.5-times in 3 years: Check reasons why analyst sees 100% upside potential

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. India Dot Com Private Limited. All Rights Reserved.
LIVE TV