India at take off stage in aviation sector, says U.S. official

New Delhi: Expressing optimism about the Indian carrier and aviation business, a senior U.S. official told a select group of media persons that the aviation industry in India is very focussed, and expressed hope about its chances of moving forward to meet global challenges in this sector head-on.
Federal Aviation Administrator Marion C Blakey, who is in Delhi to attend the three-day U.S.-India Aviation Partnership Summit, which concludes today, said: "I hope India is able to move forward towards a more corporate-style of aviation. That has to develop significantly. I am very optimistic about the future of Indian carriers and the Indian aviation business."
Lauding what she called "one of the fastest growing (aviation) systems in the world, Blakey, however cautioned that while growth and opportunities are welcome, it comes with attendant challenges."
She opined that just like the U.S. aviation industry, the Indian aviation industry was passing through a period of heavy losses, and a growth period would follow naturally.
25/04/07 ANI/DailyIndia.com, US

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Categories: General Aviation Apr 2007