4. (1) It shall be the function of the Corporation to provide and develop safe, efficient, adequate, economical and properly coordinated air transport services, internal as well as international, and the Corporation shall so exercise its powers as to secure that the air transport services are developed to the greatest possible advantage in the interest of the country.

(2) Without prejudice to the generality of the foregoing provision, the Corporation shall, in particular, have power-

(a) to acquire, charter, hold or dispose of aircraft;

(b) to operate any air transport service or any flight by aircraft for a commercial or other purpose, and to carry out all forms of aerial work;

(c) to repair, overhaul, construct, recondition or assemble aircraft and other vehicles;

(d) to assemble, manufacture, recondition, overhaul or repair machines, parts, accessories and instruments pertaining to aircraft and other vehicles;

(e) to establish, institute or make other arrangement for the instruction and training of persons engaged or likely to be engaged in any activity connected with or ancillary to air transport service;

(f) to acquire, hold or dispose of any property, whether movable or, immovable;

(g) to do all other things connected with or ancillary to any of the matters referred to in sub-clauses (a) to (f); and

(h) to perform such other function as may be assigned to it by the Government by notification in the official Gazette,