Wednesday, May 22, 2013

Subsidy scheme likely for regional airports


Mumbai: Domestic airlines are likely to get a waiver in landing, route navigation and security charges as part of government policy to encourage regional air transport.
aviation Minister Ajit Singh chaired a meeting with officials here today on plans to boost regional air connectivity. Naresh Chandra, a former cabinet secretary, and Deepak Parekh, chairman of Housing Development Finance Corporation, also attended.
The new policy would replace the existing route dispersal guidelines. The latter make it mandatory to deploy at least 10 per cent of an airline’s total capacity to the northeast and Jammu & Kashmir, and at least one per cent of the capacity within the northeast.
Under the new plan, airlines plying to tier II-III towns will not have to bear landing and parking charges or a navigation charge. Plus, no user development charge on passengers.
22/05/13 Aneesh Phadnis/Business Standard
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