SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Govt looking to convert unused airports into SEZs

24 Jun 2016 Evaluate

The Civil Aviation Ministry is looking at the possibility of utilizing certain unused airports for the purpose of parking aircraft and even use aerodromes for plane-breaking or dismantling of old aircraft. Civil Aviation Secretary R N Choubey has said that the government is considering public suggestion to convert some unused airports into special economic zones (SEZs) where aircraft leasing companies can park their planes and showcase them to potential customers. There are around 400 unused airports and airstrips across the country.

Choubey said that in order to make the domestic aviation space more attractive, the government is looking ways to reduce the cost of leasing aircraft as part of larger efforts. He further said “if the cost of leasing remains high either because of capital or any other procedural requirement, the regional connectivity may find difficulty in taking off”.

Choubey talking about the new civil aviation policy said that it is just the beginning and the government needs to work on how to reduce the cost of leasing aircraft. He added that though the Indian aviation sector is witnessing strong growth, it needs to be made sure that it stays ahead of the growth curve.


About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: