India is likely to hold informal talks on increasing bilateral foreign flying rights with nearly nine countries including the United Arab Emirates, China and Saudi Arabia on the sidelines of the Global Aviation Summit to be held in Mumbai this month. The meeting is set to take place on January 14, a day before the beginning of the two-day summit, which will be attended by representatives of about 30 countries, said people aware of the matter. Foreign flying rights between two countries allow carriers from each side to operate a certain number of seats or services as agreed in the bilateral air services agreement.
The development comes amid expansion of operations of Indian carriers such as IndiGoNSE 0.05 % and SpiceJetNSE 0.00 % to overseas destinations, although the Narendra Modi government has so far refrained from allowing additional flying rights to countries in Asia owing to the possible negative impact on domestic airlines. “There are about nine countries with which the government will hold informal talks on bilateral flying rights. Some countries like Qatar have requested to be part of those talks, as the current flying rights quota is almost getting exhausted,” said one of the officials, who spoke on condition of anonymity. ET had reported on October 4, 2018 that the Enforcement Directorate was investigating bilateral air services agreements signed with West Asian countries between 2001 and 2012. The probe will also examine the impact that the bilateral agreements had on the operations of debt-laden Air India.
01/01/19 Mihir Mishra/Economic Times
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The development comes amid expansion of operations of Indian carriers such as IndiGoNSE 0.05 % and SpiceJetNSE 0.00 % to overseas destinations, although the Narendra Modi government has so far refrained from allowing additional flying rights to countries in Asia owing to the possible negative impact on domestic airlines. “There are about nine countries with which the government will hold informal talks on bilateral flying rights. Some countries like Qatar have requested to be part of those talks, as the current flying rights quota is almost getting exhausted,” said one of the officials, who spoke on condition of anonymity. ET had reported on October 4, 2018 that the Enforcement Directorate was investigating bilateral air services agreements signed with West Asian countries between 2001 and 2012. The probe will also examine the impact that the bilateral agreements had on the operations of debt-laden Air India.
01/01/19 Mihir Mishra/Economic Times
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