Business Daily from THE HINDU group of publications Saturday, Oct 28, 2006 ePaper |
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Events Web Extras - Airlines Airlines body to meet on Nov 16 Ashwini Phadnis
New Delhi , Oct. 27 The newly formed Federation of Indian Airlines (FIA) is to meet here on November 16 to consider a number of issues including approaching the Ministry of Finance for relief on withholding tax on leasing of aircraft apart from seeking greater transparency from the Ministry of Petroleum on pricing of aviation turbine fuel. The Ministry of Finance has already indicated that withholding tax would be imposed on aircraft and engines imported from next year. Besides, the meeting will also look to appoint a headhunter who would be given the task of short listing a suitable candidate for the position of Secretary General.
"The appointment of a Secretary General is important as the person would speak on behalf of the industry rather than saying anything that could be interpreted to benefit one or another airline," sources said.
The meeting will be the second of the newly formed airline association.
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