India’s Carriers Find Little To Cheer in New Budget | Aviation International News

India’s Carriers Find Little To Cheer in New Budget

Air India, which is among the early operators of the Boeing 787, is set to receive a further capital injection of almost $1 billion from its government shareholder, but it is about the only Indian carrier with any grounds for optimism from the country’s new budget. (Photo: Boeing)

By Neelam Mathews

March 11, 2013

The Indian government’s new budget, released on February 28, brought little relief for the country’s ailing air transport sector, although the industry awaits a possible announcement of some reduction in high aviation fuel taxes. In particular, the budget documents made no mention of hoped-for fiscal support for India’s emerging regional airline industry.

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