Saturday, May 18, 2013

Govt may oppose EU threat to fine Air India, Jet Airways


New Delhi: Govt is likely to oppose the reported European Union threat to impose fines on Air India and Jet Airways for not accepting EU's Emissions Trading Scheme (EU-ETS) and not reporting their emissions over European sky, officials said today.
Only these two Indian carriers, which fly to Europe, are likely to be slapped a total fine of around Euros 30,000, while eight Chinese carriers could face fines totalling Euros 2.4 million euros, they said.
Refusing to be cowed down to the EU threat, the officials, requesting anonymity, said the two Indian carriers operate a total of about 5-6 flights a day, while their European counterparts together operated 30-40 daily flights to India. On top of this, several European carriers overfly India for which they require permission.
The officials said India had the option of taking counter-measures which could "prove costly for European carriers."
17/05/13 PTI/Economic Times
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