Monday, August 27, 2018

Indian airlines exhaust 80% of flying quota on key foreign routes

The Indian government’s policy to not grant any new flying rights to foreign nations within 5,000 km radius of the country till Indian carriers utilise at least 80% of the existing quota seems to have paid off with Indian carriers exhausting their quota with key nations.
According to updated data, utilisation by Indian carriers has crossed the mandatory 80% on routes to Doha and Singapore, where they had lagged for quite a long time.
“The utilisation on these routes has increased primarily on the back of IndiGo adding flights to these destinations. With the utilisation crossing 80%, these routes have become eligible for negotiations under the new rules,” a senior aviation ministry official said on condition of anonymity.
The official added that utilisation on routes to Dubai and Sharjah are already above 80% and utilisation between India and Kuwait is set to cross the 80% mark by the end of this summer schedule that ends in October.
26/08/18 Mihir Mishra/Economic Times