Vintage Operational Policy”
Blemishes Growth of Indian Aviation Industry are using it further their businesses .nence, planes mean GDP for the country. BAOA added further that additional taxes on spare parts are killing the MRO industry
are using it to further their businesses. nence, planes mean GDP for the country. BAOA added further that additional taxes on spare parts are killing the MRO industry. Whenever an MRO tries to stock spare parts in the country, it costs 30 per cent extra than the actual cost. It is killing the industry and acting as a barrier for people who are willing to buy aircrafts.
Referring to the policy issues, BAOA said the industry is suffering due to a “.vintage operational policy”. For in stance, seven days’ advance permission for foreign aircrafts to operate or land in India takes away the much needed flexibility. Cumbersome process of aircraft acquisition, special permission for the use of defence airfields and employment of foreign pilots also prevent the growth of this sector.
Do you think if the Government considers and implements the recommendations of the BAOA, the aviation industry would be able to revive and show upward trend of growth?