Tuesday, November 08, 2016

India mulls more flexible dry-lease regulations

India's Directorate General of Civil Aviation (DGCA) has outlined proposed new legislation that would pave the way for the importation and dry-lease of foreign-registered aircraft by Indian operators using Indian crews.

A government gazette issued Monday, November 7, says the revised legislation aims to foster growth in India's fast growing market.

"[The] operation of foreign-registered aircraft is ideal and convenient for start-up airlines, when exploring new routes or during seasonal fluctuations and sudden peaks in demand," the DGCA said. "In addition, operation of foreign-registered aircraft arguably also fulfills the interim needs created by long-term fleet expansion plans, while maximizing market share in the immediate term."
08/11/16 ch-aviation