Confer core industry status to aviation sector: Assocham

New Delhi: Industry body Assocham today suggested that the government should confer core industry status to the airlines business to sustain the aviation sector.
"The sustainability of airline industry would be severely eroded if it is not recognised as 'core industry'," Assocham said in a statement.
The chamber also sought 'declared goods' status to aviation turbine fuel (ATF) by lowering sales tax and revising its taxation structure.
"It is revealed that ATF prices for 11 international airports as on July, 2009, ranged between Rs 23,000 and Rs 26,000 per kilo litre. While Kuala Lumpur has the lowest price of Rs 22,800 per kilo litre, India's airports, the into-plane ATF prices ranged between Rs 34,000 and Rs 47,000 per kilo litre," Assocham President Swati Piramal said.
Assocham pointed out that the lowest price of ATF among Indian airports is at Hyderabad, which is 46 per cent higher than the price at Kuala Lumpur, while the highest price is at Kolkata with almost double than that of at Kuala Lumpur.
25/12/09 PTI/Economic Times

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Categories: Indian Aviation- In General Dec 2009