New Delhi: YES Bank, India?s fourth largest private sector bank, in association with ASSOCHAM, India’s apex industry body, on Wednesday released the 'Civil Aviation - Developing Remote & Regional Connectivity' report. here are some key recommendations:
*Encourage the growing private sector participation essentially through Public Private Partnership (PPP) models.
*Lay more emphasis on 'Aerotropolis' model to enhance revenues, especially from non-aeronautic avenues like retail, advertising and vehicle parking.
*Overcome regulatory challenges with respect to approvals for setting up MRO business and reduce the procedural delays with respect to import of spares parts and components.
*Fast-track the process of awarding airport management contracts to bring in efficiency and improve the facilities at existing airports.
*Reduce the lack of transparency in the procedural aspects of the industry which results in lack of cost competitiveness over other modes of cargo transportation.
08/10/14 Financial Express
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*Encourage the growing private sector participation essentially through Public Private Partnership (PPP) models.
*Lay more emphasis on 'Aerotropolis' model to enhance revenues, especially from non-aeronautic avenues like retail, advertising and vehicle parking.
*Overcome regulatory challenges with respect to approvals for setting up MRO business and reduce the procedural delays with respect to import of spares parts and components.
*Fast-track the process of awarding airport management contracts to bring in efficiency and improve the facilities at existing airports.
*Reduce the lack of transparency in the procedural aspects of the industry which results in lack of cost competitiveness over other modes of cargo transportation.
08/10/14 Financial Express
