Firstpost
  • Home
  • Video Shows
    Vantage Firstpost America Firstpost Africa First Sports
  • World
    US News
  • Explainers
  • News
    India Opinion Cricket Tech Entertainment Sports Health Photostories
  • Asia Cup 2025
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
Trending:
  • Charlie Kirk shot dead
  • Nepal protests
  • Russia-Poland tension
  • Israeli strikes in Qatar
  • Larry Ellison
  • Apple event
  • Sunjay Kapur inheritance row
fp-logo
Civil aviation policy cleared: 0/20 rule is a clincher for Vistara, AirAsia India
Whatsapp Facebook Twitter
Whatsapp Facebook Twitter
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
  • Home
  • Business
  • Civil aviation policy cleared: 0/20 rule is a clincher for Vistara, AirAsia India

Civil aviation policy cleared: 0/20 rule is a clincher for Vistara, AirAsia India

FP Staff • June 15, 2016, 18:47:18 IST
Whatsapp Facebook Twitter

The policy has been finalised after nearly eight months since the Ministry came out with the revised draft in October 2015

Advertisement
Subscribe Join Us
Add as a preferred source on Google
Prefer
Firstpost
On
Google
Civil aviation policy cleared: 0/20 rule is a clincher for Vistara, AirAsia India

New Delhi - The much-awaited national civil aviation policy that seeks to strengthen regional connectivity and tap the sector’s high growth potential was on Wednesday cleared by the Union Cabinet. Civil Aviation Minister Ashok Gajapathi Raju said the policy is a “game changer” and that the country’s aviation sector is poised to become the world’s third largest by 2022. The policy has been finalised after nearly eight months since the Ministry came out with the revised draft in October 2015 and follows many rounds of deliberations with stakeholders. The NDA government had for the first time unveiled the policy draft in November 2014.

#NCAP NDA govt clears India's first ever integrated National Civil Aviation Policy. This will be a game-changer for the sector.

— Ashok Gajapathi Raju (@Ashok_Gajapathi) June 15, 2016

#NCAP Regional connectivity, Cargo, MRO and Skill development to be focus areas

— Ashok Gajapathi Raju (@Ashok_Gajapathi) June 15, 2016
More from Business
Hyundai India’s Rs 27,870 crore IPO oversubscribed by 2.28X, largely driven by institutional investors Hyundai India’s Rs 27,870 crore IPO oversubscribed by 2.28X, largely driven by institutional investors How Indian fintech startups are driving Malaysia’s UPI-like digital payments revolution How Indian fintech startups are driving Malaysia’s UPI-like digital payments revolution

#NCAP objectives - make flying affordable, safe, convenient; promote balanced regional growth, tourism, infrastr. and ease of doing business

— Ashok Gajapathi Raju (@Ashok_Gajapathi) June 15, 2016

#NCAP Had extensive discussions with ministries, citizens and aviation sector stakeholders. Recd. almost 450 responses to our draft policy

— Ashok Gajapathi Raju (@Ashok_Gajapathi) June 15, 2016

Impact Shorts

More Shorts
Chennai Ranks #1 in Challan Checks: ACKO Insights for Smarter Car and Two Wheeler Insurance Decisions

Chennai Ranks #1 in Challan Checks: ACKO Insights for Smarter Car and Two Wheeler Insurance Decisions

Tata Harrier EV vs Mahindra XEV 9e: Design and road presence compared

Tata Harrier EV vs Mahindra XEV 9e: Design and road presence compared

#NCAP India will be the 3rd largest civil aviation market by 2022. To achieve this, we need right intentions, vision, planning and execution

— Ashok Gajapathi Raju (@Ashok_Gajapathi) June 15, 2016
STORY CONTINUES BELOW THIS AD

Significantly, India’s domestic air traffic market logged the fastest growth in the world for the 13th consecutive month in April. The market grew at nearly 22 per cent during the month. [caption id=“attachment_2665850” align=“alignleft” width=“380”] ![Reuters](https://images.firstpost.com/wp-content/uploads/2016/03/aviation_without-Brand_Reuters.jpg) Reuters[/caption] “India’s domestic traffic soared 21.8 per cent, marking the 20th month of double-digit traffic growth and the 13th consecutive month it has led the domestic markets,” global airlines body, International Air Transport Association (IATA) had said last month. Initially, the policy was expected to be finalised in the last financial year as certain proposals were to be in effect from April 1, 2016. However, the government had been moving back and forth on the policy seeking to sort out the differences among stakeholders including on 5/20 norm. The norm has been changed. As per the new guidelines, any airline with 20 aircraft or that keeps aside 20 percent of their fleet exclusively for domestic sectors can fly abroad. The five-year domestic flying experience has been revoked. Hectic lobbying The 5/20 rule that mandates that airlines need to fly at least 5 years domestically and should possess 20 aircraft has been a bone of contention among the new players and the old. In the run-up to the framing of policy, this norm had witnessed extensive debate, with legacy carriers opposing any changes to the rule, while start-up airlines frantically demanding its scrapping. Significantly, AirAsia Berhad –a key stakeholder in AirAsia India had recently said that it was confident of the Government scrapping the norm. “…the ruling (5/20 norm) is expected to be revoked along with a new National Civil Aviation Policy (NCAP) to be introduced in the near future, given massive lobbying against it,” AirAsia Berhad said in its 2015 annual report released yesterday. In February, Tata Group Chairman Emeritus Ratan Tata had accused older carriers of lobbying and using “monopolistic pressures” to retain preferential treatment under the 5/20 rule. Under this norm, AirAsia India and Vistara–both operated by the Tatas through joint ventures–are ineligible to fly overseas. Meanwhile, the incumbent airlines had alleged that the ministry of civil aviation has not heard them out. However, the minister denied all such allegations in an interview with the Economic Times. “I think that is uncharitable (to say) and it’s my personal opinion. Let me tell you that I have never denied any permission to people who want to meet me. I have always invited people and heard them out,” he said. With PTI

Tags
AirAsia India Ashok Gajapathi Raju Vistara civil aviation policy 5/20 rule
End of Article
Latest News
Find us on YouTube
Subscribe
End of Article

Impact Shorts

Chennai Ranks #1 in Challan Checks: ACKO Insights for Smarter Car and Two Wheeler Insurance Decisions

Chennai Ranks #1 in Challan Checks: ACKO Insights for Smarter Car and Two Wheeler Insurance Decisions

Chennai leads India in challan checks, with drivers checking their e-challans over 5 times a month on average. Helmet non-compliance is the most broken rule, accounting for 34.8% of all traffic offences in Chennai. Regular digital challan checks help drivers avoid hefty fines, promote safe driving, and improve insurance premiums.

More Impact Shorts

Top Stories

Charlie Kirk, shot dead in Utah, once said gun deaths are 'worth it' to save Second Amendment

Charlie Kirk, shot dead in Utah, once said gun deaths are 'worth it' to save Second Amendment

From governance to tourism, how Gen-Z protests have damaged Nepal

From governance to tourism, how Gen-Z protests have damaged Nepal

Did Russia deliberately send drones into Poland’s airspace?

Did Russia deliberately send drones into Poland’s airspace?

Netanyahu ‘killed any hope’ for Israeli hostages: Qatar PM after Doha strike

Netanyahu ‘killed any hope’ for Israeli hostages: Qatar PM after Doha strike

Charlie Kirk, shot dead in Utah, once said gun deaths are 'worth it' to save Second Amendment

Charlie Kirk, shot dead in Utah, once said gun deaths are 'worth it' to save Second Amendment

From governance to tourism, how Gen-Z protests have damaged Nepal

From governance to tourism, how Gen-Z protests have damaged Nepal

Did Russia deliberately send drones into Poland’s airspace?

Did Russia deliberately send drones into Poland’s airspace?

Netanyahu ‘killed any hope’ for Israeli hostages: Qatar PM after Doha strike

Netanyahu ‘killed any hope’ for Israeli hostages: Qatar PM after Doha strike

Top Shows

Vantage Firstpost America Firstpost Africa First Sports
Latest News About Firstpost
Most Searched Categories
  • Web Stories
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Tech/Auto
  • Entertainment
  • IPL 2025
NETWORK18 SITES
  • News18
  • Money Control
  • CNBC TV18
  • Forbes India
  • Advertise with us
  • Sitemap
Firstpost Logo

is on YouTube

Subscribe Now

Copyright @ 2024. Firstpost - All Rights Reserved

About Us Contact Us Privacy Policy Cookie Policy Terms Of Use
Home Video Shorts Live TV