Buy custom pest analysis indian aviation sector
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| Topic: |
Business
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| Number of pages / Number of words: |
8 / 2203 |
Essay's paper body
Due to overcapacity and competition, the government fear that the aviation boom now may soon go bust. Earlier, companies even before signing a lease for aircraft, used to procure licences. But now to regulate competition from September 2006 onwards a temporary moratorium is put on the new airline licences...
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No blanket ban will be there. But pending as well as new applications will go through high scrutiny. A plan for quarterly review of financial and operational statement of airline was introduced by ministry. It will be mandated by the federal Aviation Authority in US.
At present government is providing sops to planes which are less than an 80 seater...
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General points of the essay
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