FIA seeks govt relief for airlines amid West Asia crisis
India, Oct. 7 -- The Federation of Indian Airlines (FIA) has sought a series of measures from the government to ease the financial pressure on domestic airlines amid the continuing West Asia conflict, higher aviation fuel prices, airspace restrictions and rupee depreciation.
The FIA represents Air India, IndiGo and SpiceJet, the three major carriers in India.
In a September 25 letter to civil aviation minister Ram Mohan Naidu, the FIA sought a cost-plus pricing model for aviation turbine fuel (ATF), a shift from the current percentage-based excise duty to a fixed- rate levy, lower VAT on ATF in more states and an extension of the 25% reduction in landing and parking charges for domestic flights.
"Airlines duly recognise the support and effo...
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