What does AERA mean in
The Airport Economic Regulatory Authority (AERA) is a statutory body set up by the Government of India to regulate tariffs for aeronautical services provided at airports. It works in close coordination with the Ministry of Civil Aviation, Airports Authority of India and other stakeholders to ensure that the interests of airlines, airports and passengers are safeguarded.
AERA meaning in in Governmental
AERA mostly used in an acronym in Category Governmental that means Airport Economic Regulatory Authority
Shorthand: AERA,
Full Form: Airport Economic Regulatory Authority
For more information of "Airport Economic Regulatory Authority", see the section below.
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Essential Questions and Answers on Airport Economic Regulatory Authority in "GOVERNMENTAL»ECONOMY"
What does AERA do?
AERA is responsible for regulating tariffs for aeronautical services provided at airports. This includes setting caps on airport charges and monitoring airlines' compliance with terms and conditions relating to the provision of airport services.
How often are tariffs regulated by AERA?
Tariffs are reviewed annually by AERA. However, tariff changes may be carried out at any time if deemed necessary by the authority.
Who sets the maximum amount that can be charged for aeronautical services?
AERA sets the maximum allowable charges for aeronautical services as prescribed in their Tariff Regulations.
Does AERA provide assistance to airlines and airports?
Yes, AERA works closely with all stakeholders such as airlines, airports and other relevant bodies to provide guidance on regulatory issues related to airport charges. It also provides support to airlines and airports in seeking appropriate remedies when needed.
How can I get more information about AERA operations?
Information regarding operations of AERA is available on its website www.aeraefa.com or you may contact them directly via email or telephone numbers provided on the website.
Final Words:
The Airport Economic Regulatory Authority (AERA) plays an important role in ensuring fairness amongst stakeholders in the aviation industry such as airlines, passengers, and airports by providing a regulatory framework of tariffs related to aeronautical services provided at Indian airports.
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