Indian carriers desirous of flying overseas once the current 5/20 norm is scrapped will be required to earn international flying rights by providing connectivity to underserved and unserved areas.
Under the current 5/20 norm, Indian airlines are required to have a minimum fleet of 20 aircraft and five years of operational experience for starting international services.
However, under the new policy, Indian airlines will be able to start overseas services if they have a minimum fleet of five aircraft and have accrued sufficient credits by deploying capacity on domestic routes. Though the five years of operations will be done away with, airlines would be given permission to fly overseas only after a year or two of domestic operations so that they are able to prove their credentials.
In cases where airlines are not willing to fly to smaller cities and towns they can buy minimum seats required for fulfilling regional route connectivity, from carriers flying to tier-2 and 3 towns.
13/02/15 Sanjay Singh/Financial Express
To Read the News in full at Source, Click the Headline
Under the current 5/20 norm, Indian airlines are required to have a minimum fleet of 20 aircraft and five years of operational experience for starting international services.
However, under the new policy, Indian airlines will be able to start overseas services if they have a minimum fleet of five aircraft and have accrued sufficient credits by deploying capacity on domestic routes. Though the five years of operations will be done away with, airlines would be given permission to fly overseas only after a year or two of domestic operations so that they are able to prove their credentials.
In cases where airlines are not willing to fly to smaller cities and towns they can buy minimum seats required for fulfilling regional route connectivity, from carriers flying to tier-2 and 3 towns.
13/02/15 Sanjay Singh/Financial Express
