After the recent change in aviation rules, Vistara and AirAsia India could start international services in a year, said Rajan Mehra, MD for India & South Asia at iJets.
The government on Wednesday approved the long-pending National Civil Aviation Policy. Under the new policy, domestic carriers will no longer have to operate for five years before they fly on overseas routes, earlier known as 5/20, provided they deploy 20 planes or 20 per cent of their total capacity for domestic operations.
New entrants in the industry like AirAsia India, and Vistara will benefit the most from this rule, Mr Mehra told NDTV Profit. "I see them (AirAsia India, Vistara) starting international flights in next one year." (Watch)
Overall, the new civil aviation policy is positive for the long-term growth of the industry, he said. "I think the new policy will have far-reaching impact on the aviation industry in India."
Mr Mehra said abolition of the five-year requirement is positive for the industry as it will make international fares more competitive and promote tourism.
17/06/16 NDTV
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The government on Wednesday approved the long-pending National Civil Aviation Policy. Under the new policy, domestic carriers will no longer have to operate for five years before they fly on overseas routes, earlier known as 5/20, provided they deploy 20 planes or 20 per cent of their total capacity for domestic operations.
New entrants in the industry like AirAsia India, and Vistara will benefit the most from this rule, Mr Mehra told NDTV Profit. "I see them (AirAsia India, Vistara) starting international flights in next one year." (Watch)
Overall, the new civil aviation policy is positive for the long-term growth of the industry, he said. "I think the new policy will have far-reaching impact on the aviation industry in India."
Mr Mehra said abolition of the five-year requirement is positive for the industry as it will make international fares more competitive and promote tourism.
17/06/16 NDTV