AirAsia will not hesitate to establish itself in India if the "aviation environment" and tax structure are "conducive and friendly" for low-cost airline operations, Tan Sri Tony Fernandes, Group CEO, AirAsia, said, as per a report in mysinchew.com. He stated that though the Indian government has allowed up to 49 per cent Foreign Direct Investment (FDI) in the country's civil aviation sector, the cost of operating an airline in India is still higher than that in many developed nations. "This is the power of AirAsia. Everyone wants us but the right infrastructure and environment must be there for us to go there (India). The airport tax is already very high and I heard that they are going to further increase the tax, forcing many airlines to quit from certain destinations,” he said. He explained, "If everything is right, then we will be stupid not to enter the Indian market, which boasts more than a billion population
Shekhar Gupta
CEO
Capt. Shekhar Gupta [
shekhar@aerosoft.in
Blog : http://shekharaerosoft.blogspot.in/
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