Friday, October 02, 2015

Air Kerala possible with relaxed aviation rules: NRI businessman

Thiruvananthapuram: Air Kerala - a dream project of the Kerala government to own an airline in the PPP mode - would be a success in case the Centre relaxes certain civil aviation rules, a Kerala businessman said on Friday.

"Funds are not a problem. The only thing that holds back this project is the civil aviation rules of the central government," said George V. Nereaparambil, who has his business headquarters in the United Arab Emirates.
Under the civil aviation policy, companies are permitted to fly on international routes after five years of national operations and with a fleet of minimum 20 aircraft.
"I have full faith in Air Kerala's success and people are certain to make huge investments in it. To begin with, we need just seven aircraft and flights to seven Middle East countries from the three airports in Kerala," said the 61-year-old entrepreneur who hails from Thrissur.
02/10/15 IANS/Economic Times
To Read the News in full at Source, Click the Headline