New Delhi: Two months after the government allowed airlines to import aviation turbine fuel (ATF), budget carrier SpiceJet on Tuesday became the first airline to apply to the Directorate General of Foreign Trade seeking permission to procure jet fuel from overseas oil companies.
But even as the Kalanithi Maran-owned airline made the first move, most are sceptical whether importing jet fuel is the best solution to the mounting cost of ATF due to high sales tax levied by state governments.
According to Kapil Kaul, CEO - India & South Asia - Centre for Asia Pacific Aviation (CAPA), government’s move to let airlines to import ATF was a good gesture for sending a signal that it was committed to finding a solution to the vexed issue but was not practical.
“The announcement (to permit ATF import) was good for sending a signal that it was serious about reducing the burden of airlines but it is not practical,” said the head of the global aviation consultancy firm.
04/04/12 Praveena Sharma/Daily News & Analysis
To Read the News in full at Source, Click the Headline
0 comments:
Post a Comment