Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Proposal to cut duty-free liquor quota may hit Adani, Zurich too

Indo-Asian News Service
Updated: January 20th, 2020, 17:47 IST
in Business
0
Representational image

Representational image

Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

New Delhi: Commerce Ministry’s proposal to cut the quota for purchasing liquor at duty-free shops to one bottle has left private airport operators in a tizzy. A senior official of a private airport said that the proposal, if accepted by the Finance Ministry, would also hit newcomers such as Zurich Airport International and Adani Enterprises.

While Zurich has bagged the contract to build the Greater Noida airport, Adani has successfully won the right to upgrade and manage six international airports, including Ahmedabad, Lucknow and Jaipur.

Also Read

mcap of Indian market

Mcap of 8 of top-10 most valued firms jumps Rs 1.72 lakh cr; Reliance biggest winner

14 hours ago
Air India plane crash

Odisha to host Eastern Region Civil Aviation Ministers’ Conference Monday  

14 hours ago

“Both Adani and Zurich have won the bids promising to share highest revenue share per passenger. If the quota for purchasing liquor is halved, then their maths will go wrong,” the executive said.

He added that the proposal would also affect investor sentiment at a time when the Airports Authority of India (AAI) is planning to bid out six more airports on public private partnership (PPP).

Satyan Nayar, Secretary General at Association of Private Airport Operators (APAO) said that the proposed move to slash liquor purchase quota would result in substantially affecting the non-aeronautical revenue of airport firms.

“This will necessitate increase in landing and parking charges by the airport regulator. As a result, the cost of operations for airlines will go up. The airlines would pass on this cost to passengers. So, airport operators, airlines and passengers will be affected,” Nayar said.

As per an estimate, liquor accounts for 60-65 per cent of total sales at duty-free shops at international airports. Mumbai and Delhi airports would see the maximum impact of this as earnings from duty-free shops contribute significantly to their total non-aeronautical revenues.

“Decision to reduce entitlement to one liquor bottle will impact duty-free sales significantly without any major forex saving,a said Kapil Kaul, CEO (South Asia) of Sydney-based Centre for Asia Pacific Aviation (CAPA).

Kaul further said that this will impact airport bids – recently awarded six airports and the proposed six airports.

Seeking to bring liquor allowance at par with countries like Thailand, Singapore and Dubai, APAO had earlier proposed to double its limit to four litres per person for purchase from a duty free shop at Indian airports.

In its proposal for Budget 2020-21, Association of Private Airport Operators (APAO) had said that sizable business at duty free operations in South East Asia/Middle East region is through tourists that originate in India.

“Liquor allowance given in India is not at a par with liquor allowance in neighbouring countries/Asia Pacific countries,” airports body APAO wrote to the government.

Tags: ADANICentre for Asia Pacific Aviationzurich
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Bijswajit Pradhan

December 12, 2019
#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Lopali Pattnaik

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Narendra Kumar

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Tapaswini Mallick

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
#MyPaperBagChallenge

Dibya Ranjan Das

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Jhili Jena

December 12, 2019

Archives

Editorial

India’s Pak Policy

AAKAR PATEL
August 24, 2025

Problems between two parties can be resolved in one of only three ways. The first is through negotiation between these...

Read moreDetails

CIC on Life Support

Silent Shift
August 23, 2025

As of September 14, the Central Information Commission (CIC) may be headless. Chief Information Commissioner Heeralal Samariya retires, and unless...

Read moreDetails

‘TACO’ Effect

August 20, 2025

It is interesting to note US President Donald Trump keeps changing his deadline for imposing new tariffs on goods from...

Read moreDetails

Plastic Threat

Plastic
August 19, 2025

More than 400 million tons of plastic are produced globally each year, half of which is for single-use items. Nearly...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2024 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2024 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2024 All rights Reserved by OrissaPOST