New Delhi: The Civil Aviation Ministry is all set to "tweak" the existing norm for international flying by domestic carriers with certain riders, despite major Indian airlines favoring its continuation.
According to highly-placed sources, Civil Aviation Minister Ashok Gajapathi Raju, his deputy Mahesh Sharma and aviation secretary R N Choubey are expected to hold a meeting this week to finalise the ministry's "view" on the vexed issue which is hanging fire since 2013.
"The ministry will take a final view on the 5/20 norm soon. While doing so, it has to keep the industry's interest in mind and not of individual players or groups. This can be done only by tweaking of norms than abolishing it altogether," the sources said.
The '5/20 rule' stipulates that an Indian airline will be allowed to fly abroad only if it has five years of domestic flying experience and at least 20 aircrafts in its fleet.
18/01/16 PTI/Economic Times
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According to highly-placed sources, Civil Aviation Minister Ashok Gajapathi Raju, his deputy Mahesh Sharma and aviation secretary R N Choubey are expected to hold a meeting this week to finalise the ministry's "view" on the vexed issue which is hanging fire since 2013.
"The ministry will take a final view on the 5/20 norm soon. While doing so, it has to keep the industry's interest in mind and not of individual players or groups. This can be done only by tweaking of norms than abolishing it altogether," the sources said.
The '5/20 rule' stipulates that an Indian airline will be allowed to fly abroad only if it has five years of domestic flying experience and at least 20 aircrafts in its fleet.
18/01/16 PTI/Economic Times
