SALIENT FEA­TURES

Business Today - - AVIATION SPECIAL -

Vi­a­bil­ity gap fund­ing to cap fares

The scheme will be in op­er­a­tion for 10 years and can be ex­tended

State gov­ern­ments told to re­duce VAT on air­craft tur­bine fuel for flights un­der UDAN to 1 per cent

Dis­count or waiver of route nav­i­ga­tion, fa­cil­i­ta­tion, land­ing, park­ing and other charges

`2,500 per hour cap for fixed wing air­craft (min­i­mum nine seats and max­i­mum 40)

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