The Indian government made another formal requested yesterday that state governments reduce value added tax (VAT) on aviation turbine fuel (ATF). Indian Minister of State for Civil Aviation Mahesh Sharma stated that “[The] Government is concerned over the financial health of all airlines including budget airlines.” He also confirmed overnight that there will be no state financial assistance for SpiceJet or any other LCC that gets into trouble. ATF remains more than 50% more expensive in Indian than elsewhere in the world primarily because of the sales taxes levied on the same which can be up to 34%. The current

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