Indicating that the decade-old norm for international operations by the domestic carriers, popularly known as 5/20 rule, is set to be tweaked, Union Minister Mahesh Sharma on Friday expressed hope that the Union Cabinet will give its nod to the revised norm by this month.
The rule was a "matter of concern," and has been addressed (appropriately), Sharma, who is Minister of State for Civil Aviation, said at an event here.
Indicating that the decade-old norm for international operations by the domestic carriers, popularly known as 5/20 rule, is set to be tweaked, Union Minister Mahesh Sharma on Friday expressed hope that the Union Cabinet will give its nod to the revised norm by this month.
The rule was a "matter of concern," and has been addressed (appropriately), Sharma, who is Minister of State for Civil Aviation, said at an event here.
"(We) have sent the revised 5/20 rule for consultation... it should be back in 10-15 days and then can be taken up by the cabinet anytime," he told reporters.
The existing regulation requires an Indian carrier to have a minimum five years of domestic flying experience and a fleet of at least 20 planes to fly overseas.
The issue of 5/20 international flying norm has witnessed extensive debates with legacy carriers opposing any changes to the rule, while start-up airlines --AirAsia India and Vistara -- are against continuing with the requirement.
Sharma also said Civil Aviation Ministry has already sent the draft aviation policy for inter-ministerial consultation, adding that "it should be taken up by the cabinet anytime." All issues relating to the aviation sector will be addressed in new policy, he added.
To Read the News in Full 15/04/16 Daily News & Analysis
The rule was a "matter of concern," and has been addressed (appropriately), Sharma, who is Minister of State for Civil Aviation, said at an event here.
Indicating that the decade-old norm for international operations by the domestic carriers, popularly known as 5/20 rule, is set to be tweaked, Union Minister Mahesh Sharma on Friday expressed hope that the Union Cabinet will give its nod to the revised norm by this month.
The rule was a "matter of concern," and has been addressed (appropriately), Sharma, who is Minister of State for Civil Aviation, said at an event here.
"(We) have sent the revised 5/20 rule for consultation... it should be back in 10-15 days and then can be taken up by the cabinet anytime," he told reporters.
The existing regulation requires an Indian carrier to have a minimum five years of domestic flying experience and a fleet of at least 20 planes to fly overseas.
The issue of 5/20 international flying norm has witnessed extensive debates with legacy carriers opposing any changes to the rule, while start-up airlines --AirAsia India and Vistara -- are against continuing with the requirement.
Sharma also said Civil Aviation Ministry has already sent the draft aviation policy for inter-ministerial consultation, adding that "it should be taken up by the cabinet anytime." All issues relating to the aviation sector will be addressed in new policy, he added.
To Read the News in Full 15/04/16 Daily News & Analysis
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