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            november 13, 2019

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Airlines get go-ahead to import jet fuel


Throwing a potential lifeline to the ailing airline sector, the Pranab Mukherjee-headed Empowered Group of Ministers (EGoM) have decided to allow airlines to import jet fuel directly—a move that is likely to bring down costs by 25 per cent, Exim News Service informs.
However, the implementation of the move is seen as difficult as airlines would be required to build infrastructure at ports for the imported fuel and arrange for transportation to airports—tasks that could stretch their finances.

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