You are here

Modi govt aims to prevent collapse of aviation industry

Delhi seeks to abolish archaic rules; carriers may narrow losses in FY2015

BT_20140711_NRINDIA11_1171561.jpg
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