Competition In Indian Airline Industry Heading Towards Two-Pillar System, Says CAPA

Stating that there has been continuous improvement on the policy front, but if further reforms can be fast tracked, this will provide a powerful impetus to India’s aviation system, CAPA said and emphasised that the confluence of world class entities on the corporate front, accompanied by fiscal (both direct and indirect taxes) and regulatory reforms, will enable India’s true aviation potential to be realised in the medium to long term.