Tuesday, April 12, 2016

5-year rule for airlines to fly abroad may go

New Delhi: The rules for local airlines to fly overseas, a highly contested policy issue within the industry, are set to change with the government ready to abolish one of the current eligibility conditions while keeping the other.
The condition of flying on domestic routes for five years for an overseas permit doesn't feature in a note circulated by the civil aviation ministry for inter-ministerial consultations on Friday. But it keeps the requirement of a minimum fleet of 20 aircraft. There is an addition as well: every airline will have to maintain 20% of the total capacity in the domestic sector all the time.
This is likely to be the final policy because ministers have already met and informally approved it. "We have the consent of all these ministers and ministries and the cabinet approval should come by the end of this month," said a senior aviation ministry official, who did not want to be named.
12/04/16 Mihir Mishra/Economic Times
To Read the News in full at Source, Click the Headline