Mumbai: Air India's hope of joining the Star Alliance this summer could get adversely affected if safety regulators in European Union (EASA), Singapore (CAAS), Japan (CAB), UAE (GCAA) and others follow the move of US regulator FAA of downgrading India's safety ranking to category 2 from category 1.
A member with the national carrier's team that pitched for the airline to become a member of the Star Alliance said Air India's entry into the alliance could see additional passenger revenue of anywhere between Rs 150 crore to Rs 400 crore, as per conservative estimates of the airline. An industry expert however said that since the FAA downgrades were done according to the International Civil Aviation Organization (ICAO) Regulations, a specialised agency of the UN, a move by other regulatory bodies — especially from European Union — could hurt the national carrier's capacity to raise additional revenues by being a member of Star Alliance.
Read News In full 04/02/14 Financial Express
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