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Budget plans to make India aviation hub with aircraft financing, leasing

India is one of the world's most lucrative aviation markets, with a growing middle class flying for the first time

Aviation turbine fuel price had risen 60 per cent since mid-2016, adding to the airlines’ woes.

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Aneesh Phadnis Mumbai

3 min read Last Updated : Jul 05 2019 | 5:17 PM IST

The government plans to make India a hub for financing aircraft purchases and leasing of planes, said Finance Minister Nirmala Sitharaman in her Budget speech on Friday.

India is one of the world’s most lucrative aviation markets, with a growing middle class flying for the first time, but a fierce price war among airlines and the shutdown of Jet

Topics : India Aviation budget 2019

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