The recently approved Protection and Enforcement of Interests in Aircraft Objects Bill, 2024 by the Union Cabinet is a ‘Game Changer’ for the aviation sector, said Union Civil Aviation Minister Ram Mohan Naidu. Speaking exclusively to Businessline, the minister elaborated that the Bill, once approved by Parliament as the proposed statute, aims to make airfares more affordable via reduced aircraft leasing costs.

Published on January 21, 2025