ACI disputes IATA's claim that rising airport charges directly cause increased airfares.
The Airports Council International (ACI) refutes claims from the International Air Transportation Association (IATA) that rising airport charges directly cause increased airfares. ACI emphasizes that these charges are essential for infrastructure development and account for only 5.1% of base airfare. ACI forecasts Asia Pacific air traffic will hit 8 billion by 2042, highlighting India's rapid growth in the civil aviation sector despite recent tariff hikes at major airports.
September 17, 2024
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