New Delhi, Oct. 10:
So far, no foreign airline has sought to invest in a domestic airline,
Minister for Civil Aviation Ajit Singh said.
In September, the Cabinet Committee on Economic Affairs had allowed
foreign airlines to acquire stake of up to 49 per cent in domestic airlines.
“It is a long-term policy. Aviation is a very complicated business. The
management and technical expertise that you get by tying up with another
airline will help the Indian industry. Let us see what happens now,” the
Minister said at the Economic Editor’s conference here.
He said that work on three new greenfield airports at Mopa in Goa, Navi
Mumbai and Kannur in Kerala was expected to begin by the end of this financial
year.
Singh said the Government was also looking at new route dispersal
guidelines that would give greater focus to tier-III and IV cities. He said a
consultant had been hired to look at the route dispersal guidelines and a
report was expected in the next two months.
Disciplinary action
The Minister also said that disciplinary action had been initiated
against 29 officers, of which 23 belonged to the Directorate General of Civil
Aviation and six to the Airports Authority of India.
“Nine officers have been placed under suspension and orders have been
issued to lodge FIR in three matters,” he added.
On the Dharamadhikari report on wages of unified Air India, Singh said
it would be implemented fully in the next 15 days or so.
Asked why the domestic aviation market had shrunk in the past three
months, the Minister said it was partly due to global downturn and worries
about the Indian economy as well.
http://www.thehindubusinessline.com/todays-paper/tp-economy/article3982269.ece
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