Saturday, October 31, 2015

Industry hails draft aviation policy

Mumbai: The draft aviation policy, which was unveiled by the government on Friday, was broadly welcomed by the aviation industry officials. The aviation fraternity hailed several proposals, particularly pertaining to building of no-frills airport, tax exemptions for maintenance, repairs and operations sector and efforts to encourage middle class Indians towards air travel.
SpiceJet promoter and chairman Ajay Singh said: “The government has focused on regional connectivity and we have been a proponent of that for a long time but we do not agree with the capping of prices at R2,500. Exempting MRO’s from certain taxes is also encouraging.”
Hailing the government’s move Indigo Airlines president Aditya Ghosh said: “Lowering taxes on the MRO sector will help reduce the input cost of running an airline. Government’s initiative in promoting low-cost airports will help in the penetration in domestic market,” said Aditya Ghosh, president, Indigo Airlines. Similarly, Vistara CEO Phee Teik Yeoh said: “We applaud the ministry of civil aviation for being proactive and prompt in putting together a slew of recommendations to tackle the known issues that have been plaguing the aviation industry.”
31/10/15 Financial Express
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