Small airlines to get a boost from more FDI in aviation

Mumbai: Regional connectivity is likely to get a boost after the government's nod to foreign airlines to invest in non-scheduled airlines, or carriers that operate without a fixed schedule.
Experts said the decision could open up opportunities for about a dozen small regional players that have sprung up in the domestic aviation sector, even as the bigger airlines have been ailing. Such airlines can harness the seasonality of air traffic to their advantage and do without deploying a dedicated aircraft, they said.
"It will give an airline the flexibility to come in as an operator where it can press aircraft into service when the seasonal traffic for a Dubai shopping festival or any such event is there for the taking," said Amber Dubey, a partner at KPMG.
17/09/12 Times of India

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Categories: Foreign Sep 2012, Indian Aviation- In General Sep 2012, New Sep 2012