DIAL paid Rs 16,700 crore as leasing fees to AAI between FY07 and FY19: Govt

The GMR Group-led Delhi Airport International Limited (DIAL) has paid total leasing fees of Rs 16,700 crore to the Airports Authority of India (AAI) between 2006-07 and 2018-19, Civil Aviation Minister Hardeep Singh Puri told Parliament on Thursday.

Since April 2006, GMR Group owns 64 percent, AAI 26 percent and Fraport AG owns 10 percent of DIAL, which operates and manages the Delhi airport.

DIAL has to pay the AAI an annual fee at the rate of 45.99 percent of projected revenue for each year, and therefore, it has paid Rs 16,700.11 crore to AAI during the period of 2006-07 to 2018-19, Puri said in a written reply to a question.

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