Friday, August 07, 2015

Reduce aviation fuel price in the new civil aviation policy: Goyal

Jet Airways Chairman Naresh Goyal suggested for aviation fuel price reduction in the new civil aviation policy being prepared by the government.

"New aviation policy should work on bringing down (Aviation Turbine Fuel) prices," he said, when asked about the issue.

ATF accounts for substantial expenses incurred by airlines.

Goyal's meeting comes at a time when the government is in the advanced stages of taking a decision on easing overseas flying norms for local carriers.

Airlines umbrella body, Federation of Indian Airlines ((FIA) is opposed to the idea of easing the 5/20 norms - which requires that domestic airlines should have been in operation for at least five years apart from having minimum of 20 planes, to fly overseas.

Jet Airways is a member of the FIA along with budget carriers IndiGo, GoAir and Spicejet.
06/08/15 Business Insider
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