Regional airlines get fuel, landing sops

New Delhi: The government on Thursday notified separate norms and incentives for regional airlines aimed at providing better air connectivity in remote areas and small towns.
According to the notification, new airline companies will undertake operations between airports of any of the four regions — north, south, west and east/north-east.
“Airline companies can initially start operations with one aircraft but within one year they must have a fleet of three. In two years from start of operation, they need to have five aircraft," Civil Aviation Minister Praful Patel said.
A separate category of operator permit — Scheduled Operator Permit for Regional Airlines — will be given to such airlines. These airline companies should have a minimum paid-up capital of Rs 30 crore for operating bigger jets, while airlines operating turboprops should have a minimum paid-up capital of Rs 12 crore.
These airlines will be exempted from paying parking and landing charges in airports and will pay a uniform 4 per cent tax on jet fuel.
09/08/07 Gaurav Choudhury/Hindustan Times

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Categories: General Aviation Aug 2007, New Aug 2007