New Civil Aviation Minister Ajit Singh has his task cut out for reviving a beleaguered aviation sector, burdened by high costs and huge financial losses, with the industry expecting some concrete steps by government in the near future to face this precarious situation.
With the revival of Air India kept high on government’s agenda and a Group of Ministers likely to decide soon on infusing additional equity in the cash-strapped national carrier, Singh would have to follow the roadmap already set by the government to bring the company out of the financial rut.
From: http://ping.fm/NWTgV
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