'Indian air fares 300% higher than China's'
"The Indian (aviation) industry can't grow with the taxes. In fact, India is the only country in the world to impose a service tax on their airlines. Do you know that the fares of Chinese airlines are a third of the Indian carriers? Why is it so? Because there are no taxes here. In fact, the Indian fares are higher by 200-300 pc if compared with the world's other carriers, leave alone Chinese," Goyal said.
Comparing Chinese airlines with their Indian counterparts, he said Chinese airlines were are all state-owned and "have solid government backing, not from now but for a very long time. The Chinese government doesn't tax their own carriers and there is a lot of state support to them".
Elaborating on Jet's expansion plans, Goyal said "we want to go to a few places in Europe and we are looking at those destinations which will make money like Paris, Munich and Frankfurt to name a few". Regarding joining a global airline alliance, he said "we are in talks both with Star Alliance and Sky Team. Let us see what materialises. That is all I can tell you at this point of time".
Jet Airways was in an advanced stage of joining the Star Alliance earlier, along with Air India