Tuesday, July 17, 2012

Aviation minister keen to extend industry's mass reach

Bangalore: For a long time, Indian aviation was regarded as a rich man's mode of travel. A host of low-cost airlines changed that perception in the last decade. But more recently, with most airlines in deep financial trouble and airfares rising sharply, it is once again turning into a rich man's preserve. But the civil aviation ministry looks determined to stop this reversal.
"It is a vital sector for economic growth, and not just some rich man's play," union civil aviation minister Ajit Singh said on Tuesday.
Addressing the media post the meeting of the consultative committee for the civil aviation ministry in Bangalore, Singh said, "Despite the current financial troubles, one thing is clear, this sector is bound to grow as our middle class keeps growing."
But he cautioned about the pace of growth: "Our country's middle class cannot compete with the middle class of Britain, USA, or for that matter Australia."
17/07/12 Anshul Dhamjia/Times of India
To Read the News in full at Source, Click the Headline

0 comments:

Post a Comment