Air Asia hopes for Modi-tonic for Indian aviation industry

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India has the potential to become the civil aviation hub of asia with the right set of policites, Air Asia CEO Tony Fernandes said even as he said he hoped Narendra Modi at the Centre would set things right.

“Indian aviation history has failed so far. Not many have made money, some airlines have gone bust...” Fernandes said.Among the pills that Fernandes said were needed to promote tourism and a favourable ruling to allow carriers to fly the international route soon could help the industry greatly.

Currently, a carrier has to operate domestically for five years before being permitted to fly on international routes. Fernandes said that reduction in aviation fuel and airport taxes would make domestic flying cheaper and act as a booster for the aviation industry. "India with its population has a great potential as far as aviation industry. It can become the civil aviation hub of Asia," Fernandes said.

Daily Pioneer
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