New Delhi: The rule that requires Indian airlines to complete five years of domestic operations and have a fleet of 20 aircraft before starting services abroad has prevented the carriers from claiming their rightful share in international passenger traffic, according to an industry body.
A white paper released by the Associated Chambers of Commerce and Industry of India (Assocham) on the civil aviation industry says there’s no logic in this provision, which is popularly known as the 5/20 policy.
The policy was introduced by the Manmohan Singh Government in December 2004. Prime Minister Narendra Modi’s Government has indicated that it wants to review the policy.
23/11/14 Business Line
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A white paper released by the Associated Chambers of Commerce and Industry of India (Assocham) on the civil aviation industry says there’s no logic in this provision, which is popularly known as the 5/20 policy.
The policy was introduced by the Manmohan Singh Government in December 2004. Prime Minister Narendra Modi’s Government has indicated that it wants to review the policy.
23/11/14 Business Line
