Wednesday, May 30, 2007

Cabinet to take up new aviation policy

New Delhi: The much-awaited new aviation policy stipulating relaxation of norms to allow domestic carriers fly abroad, among other things, is likely to be taken up for consideration by the Union Cabinet on Thursday.
If the new aviation guidelines listed in the policy, “Vision 2020”, are approved by the Cabinet, the civil aviation ministry would be able to take decisions on allowing private domestic carriers to operate on international routes as and when required and on whichever route the demand exists, official sources said.
The long-pending aviation policy is, however, not expected to recommend any change in the norm to allow FDI in the sector, which currently stands capped at 49 per cent, sources said.
The Union Cabinet has already approved 100 per cent FDI in the operation of sea-planes and helicopters as well as in establishment of greenfield airports.
On the aviation ministry’s proposal to allow domestic carriers to fly internationally, sources said it would not be a blanket opening of the international routes but would be “need-based”.
29/05/07 The Statesman
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