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Probe into Jet Airways funding

July 23, 2004 14:32 IST

The government is examining alleged financial irregularities, sources of funding and other aspects of Jet Airways, the Lok Sabha was informed on Friday.

Replying to a written question whether any probe had been initiated against Jet Airways regarding "financial irregularities", sources of funding, legality and status of ownership of the airline, Minister of State for Civil Aviation Praful Patel said the matter was under examination of the government.

About Jet Airways' plans to fly to other foreign countries, Patel said the private carrier had only been designated for operating to Sri Lanka, Nepal and Bangladesh.

"A national policy on civil aviation is being drafted. The question of permitting domestic airlines to operate globally will be addressed in the new policy," he said.

Alliance Air: In reply to another question, Patel said there have been demands from employees of Alliance Air for revision of their salary structure and the company has initiated steps to review the matter.

Private airlines: Private airlines have gained market share during the last few years and were giving tough competition to Indian Airlines and Air-India, Patel said and added that the ageing fleet was one of the reasons for loss in business share.

Sky marshals: Patel said that there was no request from Indian Airlines to fly sky marshals to the Gulf countries.


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