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Mr Chawla, as a representative of these players, are you not able to protect their interest. Why is it that all these players continue to feel aggrieved?

Chawla: I have a difference of opinion on the point that the cost of operation is very high basically because fuel cost is high. The fuel cost is high not entirely because of the Government of India. Fuel prices are what they and I don’t think anybody has any idea which way they are going. Now where the Government of India “Foreign direct investment in the sector is not necessary today; it’s not on the cards ”

‘It’s a marathon, not a sprint’

Comes in or the state governments come in, is the issue of taxation or the levies that are imposed. We have made persistent pleads to the finance indus-try that aviation fuel should be noti-fied and declared good, which will re-duce the incidents of state level taxation because maximum burden and incidents come from various state governments where it ranges from about 24% to 33%.
The Centre has problems on howmuch it should impose its will or its directives on the state governments who need to have some resources and some velocities in whatever they generate.

Thukral: Jeh Wadia you have seen the startup side the business. Are you worried today that many startups will continue to remain as startups if some-thing is not done right now?
Jeh Wadia – MD, Go Air: Aviation is a marathon to us, it is not a sprint. In-dustries in India do take time to turn-around. Not businesses but industries. Ultimately as a summary the market is growing at 40%, historically the market never grew more 46% prior to 2003. There are issues on cost. Those costs are relatively linked to infra-structure, taxes, and policies. Infra-structure is improving but obviously not improving as fast as the amount of aircraft, which are coming in. But eventually the aircraft induction plans for each airline will slow down, and infrastructure will be able to catch up, thereby reducing the inefficient cost that we have.