Jet Airways, Kingfisher Want To Get Tax Relief

Jet Airways, Kingfisher Want To Get Tax Relief The increasing problems for the Indian Carriers due to rising expenses, especially the rise in aviation fuel recently initiated an unwanted episode of firing of employees.

Following this, the owner of Kingfisher, Vijay Mallya approached the Parliament and Naresh Goyal of Jet Airways knocked the door of finance minister P Chidambaram with the aim to get tax relief for airlines.

“Job cuts and layoffs coupled with high aviation turbine fuel (ATF) prices and larger taxes can affect in the number of flights which is likely to go down,” reported Mallya.

During the first week of November, the Cabinet Secretary-headed panel appointed by the Prime Minister (PM) will meet in order to look into the problems of the aviation sector.

Other than this, from 22nd October, Wednesday, the aviation ministry will hold one-on-one meetings with all the airlines in order to learn their problems and also to see how they have been going on in such tough times of crisis.

The whole hiring and firing episode has led to have implanted more pressure on the govt. to take fast decisions, say the insiders from aviation industry. Prior to this, the govt. was seeing all the demands for relief to the aviation sector as a move to give profit to airline owners only.