GoM on ATF prices likely soon

New Delhi: Faced with losses of around Rs 10,000 crore for the fiscal 2008-09, the aviation industry’s woes are likely to be taken up by the Union Cabinet which will deliberate on high taxes on jet fuel and airport charges at its next meeting. In fact, a Group of Ministers (GoM) may be set up to focus on ATF pricing. After a meeting between civil aviation minister Praful Patel and a Federation of Indian Airlines delegation, sources said a presentation on the problems being faced by the industry is likely to be made at the Cabinet meeting on Thursday.
The meeting was also attended by FIA chairman and Air India CMD Arvind Jadhav, Jet Airways chairman Naresh Goyal, SpiceJet CEO Sanjay Agarwal, IndiGo chairman Rahul Bhatia and president Aditya Ghosh, and GoAir MD Jeh Wadia.
11/08/09 Indian Express

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Categories: Indian Aviation- In General Aug 2009