Monday, February 13, 2012

India's aviation policies not supportive of competitiveness: IATA chief Tony Tyler

New Delhi: India was "missing out" on the potential of civil aviation as a key economic contributor as its policies were not supportive of competitiveness in the sector and stunted its growth, global airlines' body IATA said today.
"India is one market that is missing out on aviation's potential as a result of a policy framework that does not support aviation's competitiveness," International Air Transport Association (IATA) chief Tony Tyler said in his address to the Singapore Airshow Aviation Leadership Summit.
Giving examples, he said high taxes, lack of capacity in Mumbai and increasing infrastructure costs in Delhi "are holding back Indian aviation's potential".
Maintaining that Singapore government supported aviation as a strategic industry and the sector contributed 119,000 quality jobs and 5.4 per cent of GDP, Tyler said "not all governments have the same positive approach."
13/02/12 PTI/Economic Times
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