Thursday, June 04, 2015

Centre's Move to Scrap 5/20 Rule Could Help Air Kerala Take off

Kochi: The Civil Aviation Ministry’s proposed move to ease rules for new airlines would help Air Kerala, the airline startup backed by the state government, to take wings.

In a statement given to the media after meeting senior executives of airline companies on Monday in Delhi, Mahesh Sharma,Union Minister of State for Civil Aviation, said his ministry had proposed a ‘domestic flying credits’ (DFC) system to replace the existing ‘5/20’ rule (at least five years of domestic operation and 20 aircraft) to help new airlines to start international operations. If approved by the Union Cabinet, it would help new airline companies including Air Kerala to commence operations, said experts.
04/06/15 New Indian Express
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