The story of Malé airport, GMR and contracts with Governments in other countries

The contract was a revenue-sharing arrangement between government of Maldives and GMR company (one per cent till 2014, 10 per cent after that; also 15 per cent and 27 per cent revenue share on fuel). The contract allowed GMR to charge an airport development fee (users of Delhi airport, also run by GMR, will be familiar with this issue). The issue went to court in Malé, which in late 2011 struck down the fee as illegal. The Maldives then allowed GMR to set off its revenue share against the fee

GMR, Maldives, revenue share contracts, Male airport, Lakshmi Mittal’s problems in France, Pankaj Oswal in western australia