The aviation sector suffered setbacks all over the world in 2008-2009 due to global recession, high fuel prices and load factor, he said, adding that the bad patch is almost over and we are looking forward to growth now.
"There was a drop of 30 per cent in passenger load factor leading to losses in many top airlines in the world, including British Airways. But last quarter of 2009 has again raised some hopes of revival," Patel said.
When asked about the Parliamentary Committee's criticism of the merger of Air India and Indian Airlines, Patel said, "It is a baseless story. My ministry has already issued a clarification on the same day."
On the proposed maintenance repair overhaul (MRO) facilities of aircraft manufacturing major Boeing in the city, Patel said the company was in the process of setting up a $100-million project soon.
To a question, he said Air India will soon resume the Nagpur-Dubai flight, which was discontinued last month. Necessary instructions have been issued, he added.
Air India is in the process of launching a cargo hub soon in Nagpur, while Deccan Aviation has already commenced one from the city, Patel said.
mr sitaram yehchury never wins any election in his home state----MR SITARAM YEHCHURY, MR BRINDA KARAT, ME MK PHANDE ARE ALL BAILED OUT BY WEST BENGAL--they go to rajya sabha from west bengal--but they prevent jyoti basu from becoming prime minister---expel somanth chatterjee, withdraw support on nuclear deal -----they do not have any base--WHY WEST BENGAL CPM SENDS THEM TO RAJYA SABHA DEPRIVING BENGAL LEADERS?? THE PRESS GIVES TOO MUCH IMPORTANCE TO A POLITICAL ZERO [sitaram]