The
Andhra Pradesh government is planning to launch an airline, named
after Amaravathi, once the state capital is developed. An official in
the N Chandrababu Naidu-led government told PTI that the initiative
is aimed at bringing global exposure to the upcoming city and also
give a boost to the aviation sector in the state, adding that the
airline is likely to be named after the state capital. "When
Amaravathi is developed, the government may like to have its own
international airport and airline depending upon the requirement at
that particular time," he said. Currently, there are five
commercial airports in Andhra Pradesh -- Visakhapatnam, Tirupati,
Vijayawada, Rajamundry and Kadapa. Besides, six greenfield airports
-- Bhogapuram, Dagadarthi, Orvakallu, Kuppam, Tadepallegudam and
Ongole -- are being developed through public-private partnership
(PPP). According to the official, even though the government has
reduced VAT on jet fuel to 1 per cent, the losses incurred on account
of this have been offset by the surge in air traffic in the state.
"Prior to the implementation of the AP Aviation Policy 2015,
there was a four-per cent VAT on aviation turbine fuel. Later, it was
reduced to one per cent. Due to multiplication in the number of
flights after the VAT reduction, the revenue loss to the state has
been offset," he said. According to official data, air passenger
traffic in the state is expected to grow to 3.6 million by the end of
this fiscal, compared to 2.7 million passengers in the previous
financial year. On the other hand, aircraft movement in all the
airports in the state is expected to grow to 44,437 by the end of the
fiscal.
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