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Modi govt aims to prevent collapse of aviation industry

Delhi seeks to abolish archaic rules; carriers may narrow losses in FY2015
Friday, July 11, 2014 - 06:00

More ways to fly: Competition among airlines in India is set to intensify further when SIA and Tata launch their joint-venture carrier possibly in the next few months, following on the heels of AirAsia India which took to the skies in June. - PHOTO: AFP

OVER-REGULATION is just one challenge facing the Indian aviation industry. It also struggles with an infrastructure shortage as well as high fuel taxes and airport charges. But a new government helmed by Prime Minister Narendra Modi is seeking to do away with archaic rules that have contributed

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