India’s Kingfisher Airlines had another challenge when it ran into IATA’s clearing house rules. The airline has about a third of its fleet out of action. One would think that these challengers are making the future of the airline ever more tenuous. Apparently not according to analysts at Bangalore Aviation. We did a podcast with them last night.
Reuters is reporting that Kingfisher’s CEO has kept up with his demand that Indian airlines be allowed to import their own jet fuel. Since some Indian states charge as much as 28% sales tax on fuel, being allowed to bring in their own fuel could bring huge savings. Indian airlines will be allowed to import jet fuel directly under a proposal from a ministerial panel Aviation Minister Ajit Singh is reported to have said.
