MANGALURU: Implementation of a reduced and uniform taxation structure on air turbine fuel (ATF) across all states will bring fuel costs largely in line with global levels and improve financial health and competitiveness of airlines by reducing their operating costs, noted a recently concluded ASSOCHAM-Yes Bank joint study. "Reduction in ATF costs would spur aviation related activities and have a multiplier effect in terms of job creation and revenue generation in related industries...
↧