India 5/20 rule revision proposal delayed

admin
By admin March 17, 2016 18:50

India 5/20 rule revision proposal delayed

The new Indian aviation policy, which included the proposed revisions to the 5/20 rule that says an airline needs to fly five years in the domestic market and have a fleet of 20 aircraft before it can fly abroad, has been delayed by the Finance Ministry. The policy was expected to be in effect by April but has been delayed due to “fiscal issues” according to union civil aviation secretary Rajiv Nayan Choubey.

IndiGo, Jet Airways, SpiceJet, GoAir have lobbied hard against any change to the 5/20 rule, while Vistara and AirAsia have been vocal supporters for a relaxation in the policy that would allow them to fly abroad.

Choubey has stated that any revisions would create “a level-playing field for all airlines” and that the ministry has come to a “reasonable understanding on the 5/20 rule” but what that is has not been disclosed as it still requires approval by the cabinet.

admin
By admin March 17, 2016 18:50