Budget 2015: No major relief for struggling aviation sector, say experts


Indicating that the Budget had failed to give any relief to the ailing aviation sector, industry experts today said that the domestic aviation sector will continue to struggle for another year. 
"Overall, nothing to write home about. India's troubled aviation sector will continue to struggle for another year," global consultancy KPMG partner and India head of aerospace and defence Amber Dubey said. 
The beleaguered industry's long pending expectations of tax rebates on jet fuel, Maintenance, Repair, and Overhaul (MRO) services, airports and general aviation have been ignored yet again, Dube said, adding a higher service tax will enhance airfares and the loss of MRO revenue, jobs and taxes to Sri Lanka, ASEAN and gulf countries will continue. 
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