New Delhi: Vistara will firm up its aircraft procurement plans only after knowing the outcome on 5/20 norm, the private airline's CEO Phee Teik Yeoh on Thursday said.
Under 5/20 rule, only local carriers having at least five years of operational experience and a minimum of 20 aircraft are allowed to fly overseas.
The airline -- a joint venture between Tatas and Singapore Airlines -- which began operations in January 2015 currently has a fleet of 11 aircraft.
"Plan will be clear after outcome of the 5/20 rule ... Till then, we have to wait as it (the outcome) will help us clear many factors on procurement," Yeoh said here, a day before the commencement of Vistara's Kolkata-Delhi flight.
In the draft civil aviation policy, the government has proposed three options, including scrapping of the 5/20 norm, and a final decision is yet to be arrived at.
Vistara is among the new generation carriers that are vocal in demanding abolition of the 5/20 rule.
09/06/16 PTI/DNA
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Under 5/20 rule, only local carriers having at least five years of operational experience and a minimum of 20 aircraft are allowed to fly overseas.
The airline -- a joint venture between Tatas and Singapore Airlines -- which began operations in January 2015 currently has a fleet of 11 aircraft.
"Plan will be clear after outcome of the 5/20 rule ... Till then, we have to wait as it (the outcome) will help us clear many factors on procurement," Yeoh said here, a day before the commencement of Vistara's Kolkata-Delhi flight.
In the draft civil aviation policy, the government has proposed three options, including scrapping of the 5/20 norm, and a final decision is yet to be arrived at.
Vistara is among the new generation carriers that are vocal in demanding abolition of the 5/20 rule.
09/06/16 PTI/DNA
