Friday, May 12, 2006

Parking bays, landing slots up for grabs

New Delhi: Jet Airways can get the user rights over such airport infrastructure as parking pays and landing slots being enjoyed by Sahara, the airline it has taken over.This will be allowed under the government’s new policy on use of airport infrastructure in case of merger or take-over of airlines and sale or transfer of aircraft.
According to the policy drawn up by the aircraft acquisition committee (ACC) of the civil aviation ministry on March 28 and subsequently approved by the government, only the user rights over airport infrastructure that are given to an airline on non-payment basis such as parking bays and landing slots will be allowed to be used by the airline that takes over the aircraft.
For all other rights, the terms of lease or sale agreement between the airport operator and airline will apply. Civil aviation minister Praful Patel informed Parliament on Thursday about the government’s decision.
11/05/06 Priya Ranjan Dash/Daily News & Analysis
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