Thursday, March 13, 2014

FAA downgrade to hit domestic aircraft chartering business: BAOA

Hyderabad: Downgrading of India's aviation safety ratings by the Federal Aviation Administration (FAA) may impact domestic aircraft chartering business in the long run, a senior official of Business Aircraft Operators Association of India said.
BAOA secretary R K Bali said as India does not have adequate number of personnel to carry out regular inspections, aviation companies may tend to become complacent.
"It will affect the business in the long run definitely as far as charter business is concerned. May be in the neighbouring countries if they want charter plans, they will go for some other country because they see safety issues (here). It does affect the business. It is too early, but it is going to show affect all over the world," Bali told PTI on the side lines of India Aviation-2014.
Recently FAA said that it has downgraded India's aviation safety rating from the top to the second category.
12/03/14 PTI/Business Standard
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