Tuesday, April 23, 2013

Jet-Etihad deal good for passengers: Captain Gopinath


New Delhi: Stating that the Jet Airways-Etihad deal will prove to be good for passengers, Captain Gopinath, Aviation Expert told ET Now that increased competition will lead to air fares coming down.
The deal will also ensure improved airline facilities, he said. Gopinath does not see Etihad paying the promoters directly. According to him, Jet Airways' cash flow will improve with the deal and that the airline needs to reduce its debt burden.
Gopinath emphasised the need to develop India as an aviation hub. Gopinath said, "Dubai has become an aviation hub, but a similar policy initiative is lacking in India."
24/04/13 Economic Times
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