Aircraft registrations take off after key roadblock removed

New Delhi: New aircraft registrations have been on the rise ever since the civil aviation ministry abolished the aircraft acquisition committee and eased import of aircraft in March. The ministry abolished the previously tedious regime of getting a clearance to import aircraft and, in the three months since then, (April–June) already 23 aircraft have been registered in the country, as per data from the Directorate General of Civil Aviation (DGCA).

In the same period last year, there were 18 new aircraft registrations, out of which five planes of SpiceJet were cleared for import before the period under review but were only registered in June 2012.
Experts say the abolition of the aircraft acquisition committee has proved to be the key booster for new aircraft registrations. “The removal of the aircraft acquisition committee approval has removed one major bottleneck in the approval process to import an aircraft,” said Vinay Pathak, managing director of Invision Air, an operator of private jets.
However, Pathak added that the process has only been eased for existing operators. “By no means can one state that the abolition of the committee will now open floodgates,” said Pathak.
Read News In Full 02/08/13 Debabrata Das/Financial Express

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