For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Govt to set up 50 new low-cost airports by this year: Secretary, Civil Aviation

By Religare
|

In a bid to give boost to civil aviation sector and increase air connectivity to Tier-II and Tier-III cities, the government has decided to set up 50 new low-cost airports this year and 50 more next year, said K.N. Srivastava, Secretary, Ministry of Civil Aviation.

Speaking at a conference organized by ASSOCHAM, Srivastava said, "The state-owned airport operator, would set up the low-cost airports in 50 cities in Andhra Pradesh, Jharkhand, Bihar, Punjab, Uttar Pradesh, Arunachal Pradesh, Assam, Madhya Pradesh, Rajasthan and Maharashtra and also able to deliver on timeframe given by Prime Minster."

 

Inaugurating the ASSOCHAM 6th international conference on Civil Aviation & Tourism, he said, "Civil Aviation ministry has called a meeting of ministers and secretaries of states to finalize policy of regional connectivity. The meeting is scheduled for September 10 in New Delhi."

In order to stimulate the air connectivity, airlines are expected to add around 370 aircrafts, worth USD 27.5 billion, to their fleet by the year 2017, said Srivastava. Moreover, it is estimated that commercial fleet size shall reach 1000 from 400 today by 2020.

"We are committed for the development of the sector and have introduced several policies and regulations to encourage private participation and investments in the sector", he added.

Read more about: aviation airport air connectivity
Company Search
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more