Monday, December 29, 2014

Govt holds discussions with stakeholders in aviation industry

New Delhi: Detailed discussions are being held by the government with all stakeholders in the aviation industry including the air carriers and airport operators to come out with measures to spur growth in the aviation sector.

This was stated by Civil Aviation Minister Ashok Gajapathi Raju at the meeting of the Parliamentary Consultative Committee, attached to his minstry, today to discuss the draft Civil Aviation Policy.

On rationalization of jet fuel prices, Raju said the Centre will take up the issue with all State Governments at a meeting called tomorrow and request the states again to reduce VAT on ATF.

The Ministry of Petroleum and Natural Gas has also been requested to review the pricing mechanism for aviation fuel, as in India the air turbine fuel prices are about 30 per cent higher than other countries in the region, he said.

The Government is examining stakeholders' comments invited on the draft Civil Aviation Policy and holding detailed discussions with each segment of aviation industry to arrive at solid measures required to quickly put the aviation industry back on its growth trajectory, Raju said.

Raju said the country is witnessing a rapid growth in air traffic with the number of passengers carried by domestic airlines increasing by 4.5 per cent to 602.3 lakh during 2013-2014 as against 576.5 lakh a year-ago period.
29/12/14 PTI/Business Standard
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