AirAsia pulls out of Hyderabad airport over increased levies

-- Jan. 06--NEW DELHI -- Malaysian low-fare carrier AirAsia Berhad will from 11 January suspend operations from the Hyderabad airport because of increased levies on international passengers, setting a precedent that could hurt operators of...

Some $7 billion ('31,640 crore) is being invested in development of new metro airports in the country.

"In India, if an airline pulls out of a new airport, I'd blame the airport. Why invest in infrastructures to attract new business if you price them out...? It's a total no-brainer. If you price airlines out, who will bear the airport costs of development etc?" said Ahmad.

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