Airports Authority of India (AAI) Chairman Arvind Singh on Saturday said efficient utilisation of airspace will help reduce travel time, fuel expense and air ticket costs.
Describing the reforms announced on Saturday as bold, he said they would have “far-reaching, significant and long lasting impact”.
Finance Minister Nirmala Sitharaman has announced that steps will be taken for efficient airspace management for civil aviation and to make the country a MRO (Maintenance Repair and Overhaul) hub. The government would also auction six more airports on the PPP (Public Private Partnership) model.
When asked about efficient utilisation of airspace, Singh said it would reduce travelling time in many sectors.