Tuesday 2 October 2012

Industry body lobbies for airport infra fund, tax rejig

The Government should consider creating an airport infrastructure development fund and essential airlines services fund, provide infrastructure status to the industry and consider rationalisation of taxes not only on aviation turbine fuel and maintenance but also repair and overhaul facilities, Assocham has said.
In a note to the Government, the chamber, pointing to the development of low-cost airlines, has suggested bringing down the cost of air travel and making it more affordable.
With regard to low-cost airports, the chamber said there was need for airports that would complement the no-frills model offered by low-cost airlines. The chamber sees great scope for domestic civil aviation in connecting tier II and III cities. The cost of setting up these airports can be covered by measures such as doing away with baggage conveyor belts, aerobridges and buses for passengers without compromising on safety and security standards.
http://www.thehindubusinessline.com/todays-paper/tp-logistics/article3956308.ece

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