Saturday, April 14, 2018

Policy to give thrust to air cargo to be drafted soon: Prabhu

Panaji: A policy to provide thrust to air cargo would be drafted soon as it will fuel the growth of the aviation sector and boost the country's economy, Union Civil Aviation Minister Suresh Prabhu said today.

He was in Goa to review the progress of the work on the greenfield international airport in Mopa in north Goa being constructed by GMR Goa International Airport Limited, a special purpose vehicle formed by GMR Airports Limited.

The first phase of the airport is expected to be completed by 2020, officials said.

"We are trying to make a policy for air cargo so that the aviation market can grow, which in turn will boost the trade and economy of the country," Prabhu told today.

He said that the success of the aviation sector in the country was completely propelled by the participation of private players, adding that infrastructure for the movement of air cargo could be created in the same way.

He said that night hours, when air passenger traffic was negligible, could be used to airlift cargo.

Prabhu added that logistic cost, speed of movement of cargo and the cost of moving them was critical for the country to succeed in the global market as well as for domestic competitiveness.
14/04/18 Times of India
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