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  1. Air India to ask govt to classify aviation as infra sector

Air India to ask govt to classify aviation as infra sector

The board of directors of Air India is considering putting forward a proposal to the government to classify aviation as an infrastructure sector, which will allow the cash-strapped sector to bring down their cost of borrowing, said Professor Ravindra Dholakia, a member of Air India’s board, on the sidelines of an event on Saturday. “This […]

By: | Mumbai | Published: November 9, 2014 12:32 AM

The board of directors of Air India is considering putting forward a proposal to the government to classify aviation as an infrastructure sector, which will allow the cash-strapped sector to bring down their cost of borrowing, said Professor Ravindra Dholakia, a member of Air India’s board, on the sidelines of an event on Saturday.

“This will help Air India and the aviation sector as a whole,” he added.

Speaking on the sidelines of an event to commemorate the 110th birth anniversary of JRD Tata, Dholakia said the airlines is currently looking at a route rationalising process and is currently monitoring its domestic and international routes.

“(We are looking at) whether all the current international and domestic routes are the ones that are required. There are social objectives, in terms of routes, we need to fulfill as a national carrier. But then profitability doesn’t always go together with social obligations and one has to strike a balance (between the two),” he added.

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Tags: Air India

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