Friday, August 11, 2017

Economic Survey calls for liberalising flying abroad rules for airlines

New Delhi:  The Economic Survey has suggested liberalising the flying abroad rule for airlines to bolster India’s share in international air traffic and advocated protectionism for the domestic carriers while negotiating air traffic bilateral rights.

The second volume of the Economic Survey 2016-17 released on Thursday said the expansion of capacity entitlements under bilateral air service agreements with foreign countries has hurt the Indian carriers as foreign airlines dominated the international traffic to and from India.

“Indian domestic airlines have a very lower share in international traffic to and from India,” the Survey said. “Factors like foreign airlines utilising the sixth freedom of the air, expansion of capacity entitlements under bilateral air service agreements with foreign countries, lower utilisation of India’s own capacity entitlements, the 0/20 rule and fleet constraints are responsible for the same,” it added.
11/08/17 The Hindu

0 Comments: