Sunday, December 10, 2017

Indian aviation outlook very good; infra worrisome, says IATA

Geneva: The outlook for the fastest growing Indian aviation market is "very good" but infrastructure and taxation issues could be detrimental for its growth, according to global airlines' grouping IATA chief Alexandre de Juniac.

Clocking high double-digit growth for more than two years, India's domestic aviation market is one of the fastest growing in the world.

Even as he emphasised that the country's aviation market is "promising", the IATA's Director General and CEO said there are concerns with respect to certain aspects.

"India outlook is very good because it is the fastest growing market... (but) we have some concerns about the Indian market. Infrastructure, taxes which are too high (and) not totally clear about the new GST," de Juniac told in an interview here.

According to him, there are a lot of taxation issues and they could be "detrimental to the development of aviation".
10/12/17 PTI/Economic Times

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