New Delhi: Terming the aviation sector as the 'real World Wide Web', a study has said it is currently contributing Rs 33,000 crore or 0.5 per cent of India's GDP and supporting 1.7 million jobs in the country, besides creating much-needed critical assets. The study, conducted by Oxford Economics for the International Air Transport Association (IATA) recently, says aviation not only provided significant economic benefits to the Indian economy and...
11:30 AM, Apr 01, 2012
Singapore: India was on Monday put on the 'Wall of Shame' by the IATA for imposing high service tax on air tickets when aviation sector was growing at a high pace, with the world airlines' body warning the country not to kill the "goose that lays golden eggs". The government was put on the Wall of Shame at the Annual General Meeting of the International Air Transport Association (IATA), along...01:13 PM, Jun 06, 2011
This loss is due to the deepening crisis in global air travel. ...05:36 PM, Jun 08, 2009
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