Mallya calls for a clear aviation policy

Thiruvananthapuram: India needs a clear aviation policy that promotes healthy investment and addresses the factors retarding the growth of the air transport sector, Chairman of Kingfisher Airlines Vijay Mallya has said.
Delivering the presidential address at the 63 annual general body meeting of the Aeronautical Society of India (AeSI) on Friday, Mr. Mallya, who is also the president of the society, said air operators in the country were facing adverse financial and operating conditions. Issues of taxation, user development fee and high input costs were affecting the aviation sector, one of the major drivers of economic growth.
“Despite the rapid growth of the past decade, the number of trips undertaken per capita in India still remains low at 0.04 compared to 0.25 in Brazil, 0.54 in Malaysia and 0.15 in China,” Mr. Mallya said, adding that a clear civil aviation policy would help address the industry's needs.
02/06/12 The Hindu

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Categories: Indian Aviation- In General Jun 2012, Kingfisher Jun 2012