Home > Business > Budget 2004-05 > Report

Air traffic trends encouraging: Survey

July 07, 2004 15:28 IST

The wide-ranging recommendations of the high-powered Naresh Chandra Committee would be used as inputs to draw up a comprehensive Civil Aviation Policy, the Economic Survey said on Wednesday.

The document, tabled in Parliament, said the Committee was set up to prepare a road map for the civil aviation sector that would provide a basis for the National Civil Aviation Policy.

Economic Survey 2003-2004: Complete Coverage

Describing the trends in air traffic as "encouraging", it said the domestic traffic had grown by 9.3 per cent last year over the previous year.

The demand for travel to India from other countries in the winter of 2003 also increased by nearly 23 per cent, the Survey said.

The private sector airlines, it said, together accounted for over 60 per cent of domestic air traffic.

In addition to Indian Airlines and three other scheduled private carriers, there were 37 operators providing air taxi or non-scheduled air transport services in the domestic sector.

On airports, it said the Airports Authority of India was currently in the process of setting up two separate companies for restructuring and modernisation of Delhi and Mumbai airports and an empowered Group of Ministers had been set up to oversee the process.

Two new greenfield airports are also proposed to be set up at Bangalore and Hyderabad, the document said.

Article Tools
Email this article
Top emailed links
Print this article
Write us a letter
Discuss this article

Related Stories

Govt okays 49% FDI in airports

Airlines: New FDI policy

Pvt airlines seek entry barriers

People Who Read This Also Read

Time to look at ETFs again

Air Deccan to take off today

Civilian flights from air bases

© Copyright 2004 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.

Budget 2004-05: The Complete Coverage | Rail Budget 2004-05

Share your comments

Copyright © 2004 rediff.com India Limited. All Rights Reserved.