India Struggles to Fulfill its Vast Business Aviation Potential
ABACE Convention News » March 29, 2012 by Neelam Mathews March 28, 2012, 1:00 AM With 154 aircraft, India may still have the Asia Pacific region’s second largest business jet fleet (China has an estimated 215 jets), but the industry’s growth continues to be stunted by a lack of a policy framework that applies to it, as well as by inadequate infrastructure and regulatory barriers. The Indian Business Aviation Operators Association (BAOA) is trying to change the government’s attitude, but the business aviation sector received only a passing mention in the latest draft civil aviation plan on which the anticipated new policy is expected to be founded. However, with new business aircraft sales of around $12 billion expected in India by 2020, the government appears to recognize the need to be transparent and to provide clarity in its policy. A team of nine members, including representatives from International ...