New Delhi: Civil Aviation Minister Ajit Singh on Tuesday said that a separate air accident bureau which will be established to investigate accidents. Speaking at the Economic editors conference, Singh claimed that international traffic in India witnessed a growth of 5.4 per cent during January-August compared to same period in 2011. While, approximate losses of airlines in 2011-12 is over Rs 10,000 crore, domestic traffic is rapidly shifting to low cost carriers.
The minister also showed concern about the condition of the aviation sector in the country. "Debt burden of airlines a major issue with the airline sector," said Singh. He also said that the Civil Aviation Ministry will take a more active role in the future. "Civil aviation authority will replace DGCA and the bill will be passed in Parliament soon," announced Singh.
Commenting on Air India, Singh said, "Air India has shown improvement. We need to achieve 73 per cent passenger load factor till 2015. We expect to achieve that much earlier."
09/10/12 CNN-IBN/IBN Live
To Read the News in full at Source, Click the Headline
The minister also showed concern about the condition of the aviation sector in the country. "Debt burden of airlines a major issue with the airline sector," said Singh. He also said that the Civil Aviation Ministry will take a more active role in the future. "Civil aviation authority will replace DGCA and the bill will be passed in Parliament soon," announced Singh.
Commenting on Air India, Singh said, "Air India has shown improvement. We need to achieve 73 per cent passenger load factor till 2015. We expect to achieve that much earlier."
09/10/12 CNN-IBN/IBN Live
