The International Air Transport Association (IATA) on Tuesday urged government and industry to join hands on a series of projects to enhance safety, security and efficiency in India.
Making these observations in his inaugural address at the India Aviation Day, IATA director general Tony Tyler said, “I propose a series of projects to enhance the safety, security and efficiency of Indian aviation. The interests of government and industry are aligned.”
The international aviation regulator said once the government joins hands with the industry, it would help align the long standing demands of IATA including improved infrastructure, cost reduction and a relief from excessive taxation.
“Aviation and aviation-related tourism drives 1.5% of India’s GDP and supports jobs for 1.8% of the workforce. A stronger aviation sector will be a catalyst for even wider economic benefits,” Tyler said.
The event was organised jointly by the GMR Group and the Confederation of Indian Industry (CII).
“This is my third major speech on Indian aviation issues in under a year. I have not spoken this much in or about any other single country in my time at IATA. The reason is two-fold. The first is that India is the great potential market of the future, and the industry here has only just begun to realize its enormous promise. The second is that if we are to realize that future, we must successfully overcome some major issues,” said Tyler.
While lauding the proposed setting up of Civil Aviation Authority (CAA), Tyler said “The establishment of CAA will be a step in the right direction. But we must recognize that there is some way to go in terms of capacity building and skills set development. The industry can help.”
Speaking on this occasion Civil Aviation Minister Ajit Singh said the government through a series of policy measures in the recent past is making an all round effort to bring the Indian aviation sector on par with international standards.
He said permitting 49 per cent Foreign Direct Investment (FDI) by foreign airline in domestic carriers or allowing direct import of aviation turbine fuel by airline companies and enhanced traffic rights allocated to Indian carriers especially in Gulf countries coupled with privatisation of airports will help Indian aviation sector grow rapidly
http://newindianexpress.com/business/news/article1518739.ece
Making these observations in his inaugural address at the India Aviation Day, IATA director general Tony Tyler said, “I propose a series of projects to enhance the safety, security and efficiency of Indian aviation. The interests of government and industry are aligned.”
The international aviation regulator said once the government joins hands with the industry, it would help align the long standing demands of IATA including improved infrastructure, cost reduction and a relief from excessive taxation.
“Aviation and aviation-related tourism drives 1.5% of India’s GDP and supports jobs for 1.8% of the workforce. A stronger aviation sector will be a catalyst for even wider economic benefits,” Tyler said.
The event was organised jointly by the GMR Group and the Confederation of Indian Industry (CII).
“This is my third major speech on Indian aviation issues in under a year. I have not spoken this much in or about any other single country in my time at IATA. The reason is two-fold. The first is that India is the great potential market of the future, and the industry here has only just begun to realize its enormous promise. The second is that if we are to realize that future, we must successfully overcome some major issues,” said Tyler.
While lauding the proposed setting up of Civil Aviation Authority (CAA), Tyler said “The establishment of CAA will be a step in the right direction. But we must recognize that there is some way to go in terms of capacity building and skills set development. The industry can help.”
Speaking on this occasion Civil Aviation Minister Ajit Singh said the government through a series of policy measures in the recent past is making an all round effort to bring the Indian aviation sector on par with international standards.
He said permitting 49 per cent Foreign Direct Investment (FDI) by foreign airline in domestic carriers or allowing direct import of aviation turbine fuel by airline companies and enhanced traffic rights allocated to Indian carriers especially in Gulf countries coupled with privatisation of airports will help Indian aviation sector grow rapidly
http://newindianexpress.com/business/news/article1518739.ece
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