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Thursday, Jul 23, 2009
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Business Daily from THE HINDU group of publications Thursday, Jul 23, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Airlines Industry & Economy - Infrastructure Chennai, Kolkata air passengers also to pay development fee
(From right) The Civil Aviation Minister, Mr Praful Patel, the FICCI Secretary-General, Mr Amit Mitra, the Aviation Secretary, Mr M.M. Nambiar, and the Boeing India President, Mr Dinesh A Keskar, at the launch of India Aviation 2010 in the Capital on Wednesday. —. Our Bureau New Delhi, July 22 Passengers travelling through Chennai and Kolkata airports and some others being developed by the Airports Authority of India (AAI) will have to pay a development fee, the Minister for Civil Aviation, Mr Praful Patel, said here on Wednesday. “AAI is undertaking huge investments at these airports. The model (of levying an additional fee on passengers using new airports) which is being levied at Delhi, Mumbai, Hyderabad and Bangalore will be extended to other airports being developed by AAI,” the Minister said. He was speaking at the launch function of India Aviation 2010 which is to be held in Hyderabad from March 3 next year. The event is being jointly organised by the Ministry of Civil Aviation and the Federation of Indian Chambers of Commerce and Industry (FICCI). Emphasising on the potential of the sector, the Minister called on the State Governments to have another look at the existing taxation regime on aviation turbine fuel (ATF). “The growth of the sector will also benefit the economies of the State,” Mr Patel said. Currently, the tax which states levy on ATF varies from 4 per cent to more than 30 per cent and is one of the main reasons for the growing losses of the domestic airline industry. The Minister also called on the domestic airline industry to look at increasing their revenue from cargo operations. “This is a role which can be expanded in the months and years to come. Besides, the airlines should also look at Maintenance, Repair and Overhaul (MRO), engine shops and other value chain in the aviation sector,” the Minister said. Pointing out that the problems faced by Air India were not new, Mr Patel said that SBI Caps had been appointed to prepare a short, medium and long-term restructuring plan for the airline. Refuting charges that the Government interfered in the day-to-day functioning of the airline, the Minister said that Air India will see changes. . “A Chief Operating Officer will also be appointed who will assist the Chairman and Managing Director in running the airline,” Mr Patel said. Mr Patel also announced that France is to be the partner-country for the five-day global aviation summit. More Stories on : Airlines | Infrastructure
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