Indian aviation to have 2,000 planes in near to medium term: Hardeep Puri
NEW DELHI: Civil Aviation Minister Hardeep Singh Puri on Tuesday said the number of planes will increase to 2,000 in short to medium term from 540 aircraft when Jet AirwaysNSE 5.00 % discontinued operations.
Crisis-hit Jet Airways stopped flying on April 17 this year and subsequently, its lenders on June 17 moved the NCLT.
Speaking at the CII-CBRE real estate conference, the minister said there are very few companies running airlines globally making money in the aviation sector, possibly due to wrong business model and corporate governance issues, or both.
