Category Archives: Associations

IATO writes letter to PM requesting for incentives to restore tourism industry

IATO President Rajiv Mehra has written to the Prime Minister requesting him to restore the Service Export Incentive Scheme (SEIS). As an alternative to this, IATO suggested the introduction of a scheme in the new Foreign Trade Policy, as the inbound tourism sector is still suffering and needs hand holding by the government. Additionally, the association seeks roll back of TCS of 20% to 5% on Overseas Tour Packages announced in the Union Budget.

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Delhi, Mumbai to plan 3rd airports; aviation policy to aim capacity for next gen: CAPA India

CAPA India has said that the aviation policy should plan for airport capacity that will last for a generation and beyond, and which is developed ahead of demand. “Delhi and Mumbai need to start planning for 3rd airports, for which land acquisition should commence immediately,” it was stated at its 35th Research Briefing.

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Global airline capacity will be lower than expected this year, stay constrained until 2025: IATA

Global airline capacity will be lower than expected this year and stay constrained until 2025 at the earliest, warned IATA director general Willie Walsh, due to delays in new aircraft deliveries and a lack of availability of spare parts. “I can’t see anything really improving or significantly improving probably until 2025 at the earliest and it may even go beyond that,” Walsh said.

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