Tuesday, November 15, 2016

MoCA organises stakeholder conference for UDAN

The Ministry of Civil Aviation held a stake holders conference/pre-bidding meeting on the Regional Connectivity Scheme in New Delhi. Regional Connectivity Scheme -UDAN was launched by P Ashok Gajapathi Raju, Minister of Civil Aviation on October 21, 2016 and the final RCS is available on MoCA web site. Objective of RCS is to facilitate/ stimulate regional air connectivity by making it affordable. Regional air connectivity is envisaged under RCS by supporting the Selected Airline Operator(s) through concessions by Central Government, concerned State Government(s) and airport operators to reduce the cost of airline operation on RCS routes and financial (viability gap funding i.e. VGF) support to meet the gap, if any, between cost of airline operation and expected revenue on such routes. A selected airline operator will be identified to operate on RCS route or network, on the basis of evaluation of initial proposal(s) and counter proposal(s) for VGF, received from airline operators who are having valid Air Operator Permit issued by DGCA.
14/11/16 Travel Trends Today