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Monday, 6 July 2015

AirAsia India freezes growth over Delhi's 5/20 plans

AirAsia India has put its ambitious expansion plans on hold as it awaits the Indian government's decision concerning the future of the contentious 5/20 rule. New Delhi is considering replacing the rule (an airline must have been in service for at least 5 years and operate at least 20 aircraft before applying for international traffic rights) with a credit-based scheme in which airlines earn the right to venture abroad by first plying domestic routes.


Mittu Chandilya, the Chief Executive Officer (CEO) of the AirAsia (AK, Kuala Lumpur Int'l) subsidiary, told Reuters in an interview last week that the LCC will not lease any more aircraft until government clarifies its position. Launched in June last year, AirAsia India operates five A320-200s on flights to eleven destinations locally.
Read news in full 01/07/15 ch-aviation
AirAsia India Airbus A320-200

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