Still delaying take-off

Two decisions by an Empowered Group of Ministers (EGoM) on Tuesday demonstrated the government’s continuing inability to come to grips with the problems being faced by the aviation sector. Both are wrong-headed, but in different ways. Allowing airlines to directly import aviation turbine fuel (ATF) may sound at first like a reasonable approach, in that it allows them to avoid paying local taxes that are, in some states, among the highest in the world.

Read Full Story>>