Wednesday, July 10, 2019

Don’t pin Jet Airways grounding on govt, it was a business failure: Minister Hardeep Puri

Indian aviation sector may not be in the best of times but it is not in its worst either, Union Aviation Minister Hardeep Singh Puri told ET Now in an interview. “When you use words like turbulence for Indian aviation sector, that’s okay. Crash landing? I don’t buy it,” Aviation Minister Hardeep S Puri said, adding that since the grounding of Jet Airways, more aircraft have been added to Indian skies and the ministry looks to get the number over 600 soon from the current size of 580. “As far as domestic is concerned, we have overcome the pocket of turbulence,” he said.

Jet Airways loss aside, the aviation sector in India has recorded a massive double-digit annual growth rate of over 17%, Hardeep S Puri said, asserting that the failure of one airline does not mean the whole sector is in trouble.

Speaking about the government’s role in Jet Airways grounding, Hardeep S Puri said that the government cannot be blamed for it as every private player should draw up their own business plan. It is not in the government’s capacity to call out people on their series of bad decisions, he said, a government’ role is just to enable an ecosystem by creating airport services etc. Further, Jet Airways was making a mistake as there could have been a resolution between December and February. “The two parties could have sorted out this between them, instead, they fell out,” Hardeep S Puri said.
10/07/19 Prachi Gupta/Financial Express
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