IATA DG Calls For Further Regulatory Reform in India
Neelam Mathews Oct 25, 2016 AIN (US) The International Air Transport Association (IATA) has called for an appraisal of India’s regulatory structure, particularly as it relates to taxation, public-private partnerships in airport privatization and the country’s prospects for joining the carbon offset and reduction scheme. As aviation traffic increases “India will need to deal with the problem of infrastructure in advance or risk safety,” said IATA director general Alexandre de Juniac on his 50th day in his new position. De Juniac noted that India is one of the first countries he visited since assuming IATA’s top post. “It is not by chance, as India is one of the key markets,” he said. A recent IATA forecast projected India will surpass the UK as the world’s third largest market by 2026. Calling the new civil aviation policy “ambitious with many positive elements,” De Juniac expressed concern that India’s new so-called regiona...