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Article: Aviation industry undergoing a tough time, says Civil Aviation Secretary.
- Article from:
- Asian News International
- Article date:
- September 26, 2009
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Byline: ANI
Nedumbassery (Kerala), Sep.26 (ANI): Civil Aviation Secretary M Madhavan Nambiar on Friday said that the Aviation industry was going through a very difficult phase turning thousands of pilots and other specialized staff jobless in the country.
Nambiar was addressing the Cochin International Airport Ltd (CIAL) aviation academy in Nedumbassery district.
The aviation sector has been hit by a slowing economy triggered by the global financial slowdown, reducing business and leisure journeys of most passengers. Also costlier oil, pushed up airfares last year, are sending many passengers to trains.
The Indian industry's woes have ...