AirAsia and Vistara may soon be able to fly international as the Centre is likely to abolish the five years and 20 aircraft foreign flying eligibility rule, a report in ‘The Economic Times’ has said.
According to the report, abolition will be part of the new civil aviation policy that recommends to replace 5/20 with a 20 aircraft fleet rule or 20 percent of seat capacity, whichever is higher, to be maintained in domestic sector.
Other noteworthy step of the aviation policy includes regional connectivity policy, that purpose ato provide connectivity to smaller cities at a fare of Rs 2,500 per hour.
Regional connectivity plan will be funded by a subsidy, which will be created by charging Rs 8,000 from each flight landing to domestic carriers.
Aviation ministry assesses that it will collect Rs 550 crore through the charge.