So, Delhi airport is to become the world’s most expensive for airlines. It’s one of those stories you barely notice, just another sign of India’s booming economy — until you stop to think: it doesn’t make any sense at all.
India’s aviation sector is in crisis. Kingfisher Airlines is on the verge of collapse, unable to pay its pilots’ salaries or its fuel bills, its international flights cancelled, its domestic operations pared back to the minimum.
Air India would be in the same mess if it didn’t have endless government subsidies to fall back on.
Demand for landing slots at Delhi is going down, not up. And the airport is jacking up its charges to the most expensive in the world?
What’s going on?