When Flight Rules Change, So Does the Economy
Every time aviation rules are rewritten, the impact goes far beyond airports and aeroplanes. It quietly reshapes ticket prices, job creation, and even how fast the economy moves. India has recently implemented reforms in its aviation sector through the Bharatiya Vayuyan Adhiniyam and by updating safety and duty regulations to align with international standards. These changes are intended to revamp the sector that is a catalyst for trade, tourism, and people's mobility. Although safety and...