Aviation sector showing signs of revival

The airline industry is witnessing a revival, Union Minister for Civil Aviation Ajit Singh said on Sunday. Addressing the 11th Routes Asia Conference in Mumbai cheap Jerseys Wholesale From China on Sunday, Singh said various policy measures taken by the government have begun to yield results Cheap Authentic Jerseys and hoped that the general aviation business will emerge as a key driver of regional connectivity and Cheap Authentic Jerseys Wholesale economic development. He cited the TataAir Asia proposal and the interest evinced by Etihad as examples Discount Green Bay Packers jerseys of growing business confidence in the Indian civil aviation sector.

Mr Ajit Singh cheap Green Bay packers hats termed 49 per cent FDI in aviation as an important policy decision which will transform the civil Green Bay Packers hats aviation scenario. He said to give a boost to international air travel, the government has liberalized grant fitflops best price of traffic rights to Indian carriers. new traffic rights have opened up several new international sectors fitflops and increased the traffic entitlements of our carriers by approximately 60 per cent he added.

The Minister said fitflops in canada that the government envisages investment of $ 12.1 billion during the 12th plan period, of which $ 9.3 billion is expected to come from the private sector.

When asked about the delay in commencement of work on the Navi Mumbai airport choking the air traffic development in Mumbai, Singh said the ongoing modernization and expansion being carried out at the Chhatrapati Shivaji International Airport would enable it to handle up to 40 million passengers per annum.

Presently, India is the 9th largest aviation market in the world handling 121 million domestic and 41 million international passengers..