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Air India, Pawan Hans may get EoI soon

IANS  |  Hyderabad 

The Civil Ministry is hopeful of getting expression of interest (EoI) to buy and in the next couple of weeks.

Civil Secretary revealed this at the inaugural of the Wings 2018 at Begumpet old airport here on Thursday. The theme of the biennial event is '- Global Hub'.

Choubey said India, which had only 395 aircraft in 65 years, is poised to add 900 aircraft and the orders have been placed.

The country added 56 airports in two years, contrary to the practice of opening one airport every year earlier.

"The challenge is we need to double the capacity of our airports every five years to sustain the additional passenger footfall.

"To beat the land constraint we hope to bring in wide bodied aircrafts like 380 and making airports more efficient," he added.

Choubey said had witnessed the highest growth of 17.5 per cent in domestic sector during the past three years in terms of Revenue Passenger Kilometres.

"If the are soft, we will grow at the rate of 15 per cent for the next 20 years," Choubey said. He urged the state governments to reduce VAT on aircraft fuel to encourage the sector.

He said that under the UDAN scheme the Ministry will be renovating 400 airstrips and will keep the airfares low, enabling common man to fly.

Choubey said that the Ministry of has calculated that the airlines could sell eight million tickets every year with the addition of those who never travelled in a flight before the coming of the UDAN scheme.

Civil P. Raju was to inaugurate the four-day event. He, however, did not turn up as he would be quitting the Narendra Modi cabinet following the Telugu Desam Party's decision over the Centre's refusal to grant special category status to

Telangana IT has attributed the tremendous growth in the sector to

India's first ever platforms Cargo-eGo a single window communication platform and Rigel an platform were also launched on the occasion.

As many as 125 exhibitors and 25 aircrafts were taking part in the event. Representatives from 25 states, 10 countries will partake in the discussions.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, March 08 2018. 14:34 IST