‘Government must re-look its policy of duty on aircraft leasing’

For the freighters to survive and thrive, the Government must re-look its policy of duty on aircraft leasing. As this is a big deterrent for this industry at the moment. There is also a need for more players who can invest in cargo only aircrafts,” says Yashpal Sharma, President, ACFI. With the arrival of new freighter operators like Pradhan air and Quikjet there is expectation of the Indian market to have long term sustainable capacity which will be positive news for Indian shippers. But there is a sizable addition of capacity in the Indian skies by the Indian and foreign airlines, he adds.