Airlines talking to govt for help: SpiceJet CMD Ajay Singh


The government and airlines are in discussing to provide short-term help to the airlines in an attempt to bail them out from the COVID-19 crisis, as the government has further extended the ban on flight operations till May 3, 2020.

“As we say in India, crisis gives an opportunity to bring in structural reforms. We are speaking with government daily for short term help and have urged the government to include jet fuel in GST regime,” said Ajay Singh, CMD, SpiceJet.

“Also, current airport contracts increase cost of aviation,” Singh said while speaking at a seminar organised by Bird Group.

The crisis for airlines has arisen after the Indian government had grounded flight operations till April 15, 2020, and now extended it till May 3, 2020.

The grounding has led to airline revenues falling to zero and the sector not being able to service their fixed cost and other liabilities.


The commercial airlines in India had grounded all its 650 aircraft fleet but have started flying a few of them after the Directorate General of Civil Aviation (DGCA) allowed them to carry Cargo in passenger aircraft.

Comments

Popular posts from this blog

Vistara Domestic Premium Economy vs. Economy – Is The Upgrade Worth It?

Why the Airbus A340 Has A Middle Landing Gear

Preparing To Start Domestic Flight Operations Within A Week: Civil Aviation Minister Hardeep Puri