Aviation minister holds meeting with industry executives to discuss current issues

Image
Press Trust of India New Delhi
Last Updated : Sep 12 2019 | 9:25 PM IST

Civil Aviation Minister Hardeep Singh Puri on Thursday held a meeting with industry executives of the sector to discuss current pressing matters such as fare environment, slot allocation and taxation on Aviation Turbine Fuel (ATF), according to an official.

"The meeting was held by the minister with airport operators, MRO (maintenance and repair and overhaul) companies as well as airlines," a senior government official said.

Airlines such as IndiGo, Vistara, SpiceJet etcetera and airport operators such as Airports Authority of India (AAI), Delhi International Airport Limited (DIAL) and others participated in the meeting.

"Issues related to slot allocation -- especially since Jet Airways is not in operation and its slots have been temporarily allocated -- were discussed. Taxation on ATF as well as the current fare environment were also taken up in the meeting," the official said.

Issues related to Jet Airways' foreign traffic rights -- which have also been allocated to other airlines just like its slots -- were also discussed at the meeting, the official said.

Jet Airways had shut down its operations on April 17 due to lack of funds. The airline is currently undergoing insolvency proceedings.

Later in the day, the minister said on Twitter,"Deliberated upon issues & exchanged ideas related to aviation sector in an interactive meeting with key stakeholders of the sector today. Considering we are already ranked 7th in the world with 345 million passengers, we hope to climb to 3rd spot by 2024."

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 12 2019 | 9:25 PM IST

Next Story