Wednesday, June 17, 2020

Policies that support Indian carriers needed, says SpiceJet’s Ajay Singh

SpiceJet chairman and managing director Ajay Singh said on Tuesday that Indian aviation needs both intent and policy to tide over the crisis at hand, and to also grow the aviation sector.

In a candid conversation over a webinar hosted by GMR, Singh said that countries across the world have used aviation as a strategic resource to increase the size and value of their hubs, and improve tourism and business in their countries. However, India has gone the other way, he said.
"“We pretty much promoted foreign airlines in our country to the extent that it is hard to believe that Emirates is not our national carrier. So, this is our moment and we need to ensure that we make India-centric policies and at least those policies are reciprocal,” Singh said.

He added that it was time airports like Delhi, Mumbai, Bengaluru and Hyderabad became global aviation hubs. “It absolutely needs to happen. It needs both intent and needs policy”.

In terms of passengers, Singh said India had a minuscule share of traffic into the US and Europe in terms of cargo, which was under 5%. More than 95% is carried by foreign carriers, “it is just completely wrong,” he said.
17/06/20 Financial Express

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