Wednesday, March 14, 2012

Private airlines to have global traffic rights

Hyderabad: The government is considering giving traffic rights to private airlines on global routes to help them tide over their financial problems, Civil Aviation Minister Ajit Singh said Wednesday.
"Increasing international traffic rights can help private carriers eliminate some of their financial problems as international routes are more profitable," he told reporters at the India Aviation 2012.
He said about 500 to 600 new international flights will be opened to private carriers this year under the bilaterals, with new destinations such as Uzbekistan, Egypt, Ethiopia and Vietnam.
Bilaterals are agreements between two nations to allow international commercial air services within their territories.
Air India has only been able to use 30-35 percent of the total bilateral traffic rights available with India. "This year it will go up to 40 percent," said Ajit Singh.
14/03/12 IANS/Times f India
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