Aviation

Jet to be worst hit by US downgrade

jet-logo

The downgrade of India’s aviation safety rating by the US Federal Aviation Administration (FAA) is likely to impact Naresh Goyal-led Jet Airways the most, a report by aviation consultancy firm Centre for Asia Pacific Aviation has said.

Jet, India’s largest publicly listed airline, will have to rethink its network expansion plans now, the Capa report said.

On January 31, FAA — the American aviation regulator — downgraded India’s aviation safety rating citing a lack of safety oversight. India was put in Category 2 list joining the ranks of Ghana, Curacao, Serbia and Bangladesh, and ranked below Pakistan. A Category 2 rating implies an assessment that India’s safety oversight regime does not meet international safety standards.

Full report here Hindustan Times 

LEAVE A REPLY

Please enter your comment!
Please enter your name here