UPDATE: Airways clarifies fee plans, sees average 1.2% rise per airline, up to 30% hike in capital budget

Thu, 05 May 2016

(Updates with Airways clarification of budget increase, fees to airlines) By Pattrick Smellie May 6 (BusinessDesk) - Airways Corp, the government-owned entity in charge of traffic control, is seeking an increase in its capital expenditure of up to 30 percent as part of a negotiation that is expected to increase fees to airlines by 1.2 percent a year over the next year three years. Airways chief executive Ed Sims told BusinessDesk this week that negotiations were advancing on a regular review of its fee structure for airlines flying to,...

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