Wednesday, July 10, 2019

Giving wings to aviation sector

The usually-ignored aviation sector found considerable mention in the Budget speech. Air India will be put on the block again, FDI in aviation could be opened up further, and the government will take steps to catalyse the growth of aircraft financing and leasing, and the MRO (Maintenance, Repair and Overhaul) industry in India. These are welcome announcements and if implemented well, could give a boost to the struggling sector.
-Budget promises Air India sale and other reforms, but specifics are awaited, says Business Line editorial >>

0 Comments: