Aviation essential for economic growth: Naresh Goyal

Mumbai: The clear blue skies may well be a mirage in the Indian aviation sector, even as two Indian private airlines posted profit.
In uncharacteristic candour, Naresh Goyal, the founder and promoter of Jet Airways, which reported on Saturday a profit for the June quarter, after five gruelling quarters of losses, said high taxes and levies in the aviation sector are killing airlines in India and argued for a need to rationalise taxes for the sector to survive.
With rare candour, normally not associated with Jet's promoter when it comes to reacting on government policies and taxation issues, Goyal quipped: "Aviation should not be treated as luxury, it is essential for the economic growth of the country."
06/08/12 Manisha Singhal/Times of India

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Categories: Indian Aviation- In General Aug 2012, Jet Airways Aug 2012