IATA Chief Says India Holds Vast Aviation Growth but Tax Burdens Remain

The International Air Transport Association (IATA) chief addressed India's aviation sector. He described the market as offering huge growth opportunities for airlines. Expanding passenger demand and new routes were cited as key drivers. However, the chief warned that steep tax rates impede profitability. He noted that taxes increase ticket prices and operational costs. Industry stakeholders are calling for tax reforms to unlock the market. The comments come as India seeks to modernize its airport infrastructure. Observers will watch for policy changes that could boost sector expansion.