Govt to replace Aircraft Act of 1934 with New Civil Aviation Act, 2012

Mumbai: The Indian government is readying to bring in a new comprehensive law that will help ease investment flows into India’s ailing civil aviation sector, according to a Economic Times report by Vikas Dhoot. The law will also protect the interests of passengers and ensure safety. The New Civil Aviation Act, 2012 will replace the Aircraft Act of 1934, which does not cover issues such as viability and security, and has been severely criticised in safety audits conducted by global aviation bodies. The government while seeking the support of its coalition partners to allow Foreign Direct Investment (FDI) in domestic carriers also wants to ensure that prospective investors are not put off by the archaic law that has undergone numerous incremental amendments over the past 78 years.
The new law, for which the Civil Aviation Ministry is expected to invite stakeholders comments' this month, will go hand-in-hand with a new regulator being created to replace the Directorate General of Civil Aviation (DGCA). The DGCA’s structure, mandated by the 1934 law, has been slammed in safety audits conducted by the International Civil Aviation Organisation and the Federal Aviation Administration of the US.
03/07/12 TravelBizMonitor

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Categories: Indian Aviation- In General Jul 2012