Friday, October 26, 2012

Government forms new aircraft acquisition committee

New Delhi: The government Friday approved the formation of a new aircraft acquisition committee which will consider proposals by airlines on how to meet air traffic demand.
"The committee will consider, examine and make recommendations on all proposals for providing air transport services," the civil aviation ministry said in a statement, adding that the committee will also look into approvals for aircraft imports.
According to the statement, the procedure for import of aircraft has been streamlined with stipulated time-lines being placed for various stages of processing.  "AAC shall examine proposals from the perspectives of air transport capacity, safety, security, financial, commercial and other relevant aspects of the proposal," the statement said.
The AAC will also look into the operations of scheduled air transport services providers, regional airlines and non-scheduled air transport services.
The existing AAC is currently non-functional as it has been dissolved. Civil Aviation Minister Ajit Singh said earlier that a new AAC will be formed, which would look at business plans, finances and other related aspects of purchase of aircraft.
26/10/12 IANS/Deccan Herald
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