New Delhi: Airlines said if the central government's proposed credit-based system replaced the current rules, this would be the impact: It would take a new domestic carrier a minimum of 12 aircraft and operations of over one-and-a-half years in the country before it could fly on long-haul international routes. Airlines said, for short-haul global routes, a new domestic airline would take two years or more, and a minimum of 15 planes.
The current 5/20 rule allows global operations after five years and with 20 aircraft.
A sector representative said, "An airline with five planes will take two-and-a-half years to acquire the 300 credits needed to fly on long-haul international routes. We are working on estimates and will send these to the Union civil aviation ministry soon."
Airlines have sought two weeks to respond to the ministry's proposal.An executive at an airline said it was surprising that the new airlines were upset about the proposed changes. "The new rules are a substantial dilution of the existing ones," he said.
20/03/15 Somesh Jha & Aneesh Phadnis/Business Standard
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The current 5/20 rule allows global operations after five years and with 20 aircraft.
A sector representative said, "An airline with five planes will take two-and-a-half years to acquire the 300 credits needed to fly on long-haul international routes. We are working on estimates and will send these to the Union civil aviation ministry soon."
Airlines have sought two weeks to respond to the ministry's proposal.An executive at an airline said it was surprising that the new airlines were upset about the proposed changes. "The new rules are a substantial dilution of the existing ones," he said.
20/03/15 Somesh Jha & Aneesh Phadnis/Business Standard
