New Delhi: From the day Tatas first announced their intention to partner long time friend SIA for launching a full service airline in India, almost everyone associated with the airline industry has welcomed this move.
In fact, the Ministry of Civil Aviation is expediting some decision which will be of immense benefit to the new airline almost immediately after it is operational: 1) The ministry will shortly move a Cabinet Note which seeks to lift the five year mandatory restriction on domestic airlines before they are allowed to fly overseas. Tata-SIA will be the biggest beneficiary if this rule is amended since its business will get the necessary fillip from quickly beginning overseas operations. 2) The ministry is also hopeful of some reduction in taxation on jet fuel by Maharashtra. Since Delhi and Mumbai airports account for almost two-thirds of all ATF purchased by Indian airlines, a reduction in ATF prices at Mumbai will be of immense benefit to all existing airlines as well as to new entrants like Tata-SIA.
That everyone in the government came together to ensure that this proposal should get a speedy clearance is evident. Top officials of the Ministry of Civil Aviation had said yesterday that “the very name of Tata spells assurance, service quality and we will be most happy if the Tatas take an active role in the Civil Aviation sector in India.”
Read news in full 25/10/13 Sindhu Bhattacharya/First Post.com
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