Civil Aviation Policy

The national civil aviation policy, including the regional connectivity push, is expected to increase the number of functional airports in the country to 150-200 in the next few years, Union minister Jayant Sinha said today.

Maha first state to sign RCS plan, to develop 10 small airports

Maharashtra today became the first state to sign an agreement with the civil aviation ministry to develop 10 almost non-functional regional airports/airstrips helping move closer to reality the Centre's ambitious regional connectivity plan.

Govt proposes levy to fund regional air connectivity scheme

Flyers will soon have to shell out slightly more for tickets to fund the government's ambitious regional connectivity scheme under which airfares will be capped at Rs 2,500 for one-hour flights on unserved and under-served routes

'Capping air fares on regional routes negative for airlines'

The new civil aviation policy has an integrated approach to take flying to the masses, but the move to cap fares for one-hour flights on unserved regional routes at Rs 2,500 is likely to be a negative for airline companies, says a report

Civil Aviation Policy to benefit passengers: PM

The government aims to make air travel affordable and after implementation of the policy, scheduled commercial flights will increase from 77 in 2016 to 127 by 2019, PM Modi said.

5/20 rule should have been entirely scrapped: KPMG

Last year we sold 81 million tickets, and if things work out as per the new policy, we will be able to sell 300 billion tickets over the next four years, says Amber Dubey, Partner & Head- Aerospace & Defence at KPMG, in an interview to CNBC-TV18.

Flight mode: India can be number 3 globally, says MoS Aviation

Minister of State for Aviation Mahesh Sharma and Aviation Secretary RN Choubey tell CNBC-TV18 retaining the 20-aircraft rule will ensure airlines have the operational capabilities to fly domestically as well once they take off on international routes.

SpiceJet shares could more than double even if 5/20 goes: Expert

Ahead of the release of the Civil Aviation Policy where the government is widely expected to take a decision on the contentious 5/20 rule, Mayur Milak on AnandRathi discussed his outlook on various listed aviation stocks.

Jet, SpiceJet, InterGlobe up 1-3%, airlines await policy boost

The Cabinet is expected to take final call on the existing 5/20 rule. The 5/20 rule states that airlines must have completed at least 5 years of flying and have 20 fleets to be allowed to fly international flights.

Civil aviation policy: What airlines can look forward to

There is also a chance the 5/20 rule could be replaced with a Domestic Flying Credit (DFC) mechanism. Airlines will be awarded credits for connecting domestic destinations. The more they fly locally, the more credits will be added to their scorecard.

'Massive lobbying' against 5/20 rule: AirAsia Berhad

The government is expected to scrap in the near future the 5/20 norm that restrict new airlines from flying abroad as there is "massive lobbying" against it, says AirAsia Berhad--a key stakeholder in start up budget carrier AirAsia India

MoCA to move aviation policy for Cabinet nod in few weeks

With consultations "almost complete", the Ministry of Civil Aviation (MoCA) now expects to place in a few weeks the much-delayed civil aviation policy before the Cabinet for its approval

AAI likely to post all-time high revenue of Rs 10,000 cr

National airports operator AAI is expected to report an all-time high revenue of Rs 10,000 crore, with an estimated flat profit growth in the fiscal ended March 31 this year.

Tata accuses older airlines of 'monopoly'; SpiceJet hits back

Reacting strongly to the charge, low-cost carrier SpiceJet's chief Ajay Singh asked him to rather advice the two airlines associated with Tatas - Vistara and AirAsia India - to first serve India and then seek to fly international

Removal of 5/20 rule to aid Vistara's expansion plans: SIA

Goh Choon Phong, CEO, Singapore Airlines thinks the 5/20 rule will constrain Vistara from expanding and serving India.

Deadline for submission of response to draft civil aviation

The revised draft Civil Aviation Policy was unveiled on October 30 by Civil Aviation Minister Ashok Gajapathi Raju to provide a conducive environment and a level playing field to all stakeholders.

MRO, regional focus positives in aviation policy: AirAsia

The government's draft civil aviation policy released today contains several positives such as providing several incentives to encourage aircraft maintenance, repair and operations (MRO) work in India as well as its focus on boosting regional connectivity, says AirAsia India chief executive Mittu Chandilya.

Govt for tax incentives to airlines, regional connectivity

In a significant move, the Civil Aviation Ministry has pitched for over 50 percent Foreign Direct Investment (FDI) in domestic carriers in case the open skies policy is implemented. Under open skies policy, overseas airlines can operate unlimited number of flights into and out of India.

Draft aviation policy in public domain by month-end

The Civil Aviation Minister said the government would give about 10 days time to the public to give their views after which the policy would be given final shape for its implementation.

Govt looking to operationalise 300 defunct small airports

India's ghost airports may soon get a new lease of life. The country has about 400 airports/airstrips but only close to 100 are being used for commercial purposes as of now.

Draft civil aviation policy likely by early September

The government also plans to revise the 5/20 norms, whereby domestic airlines are required to have at least five years operational experience and minimum 20 planes to fly overseas.

Jet, SpiceJet up 3-4%; eye new international flying rules

Official sources today said the existing norms, popularly known as 5/20 rule and which are part of the revised draft Civil Aviation Policy, allow only those domestic carriers fly abroad which have a fleet size of 20 aircraft and completed five years of operations.