Indian carriers flying abroad: Consultations begin on criteria

Image
Press Trust of India New Delhi
Last Updated : Dec 17 2013 | 4:27 PM IST
The government has begun consultations on relaxing the eligibility criteria for allowing Indian carriers to fly abroad, Rajya Sabha was informed today.
"Consultations have been made with Directorate General of Civil Aviation (DGCA) to explore the possibility to relax eligibility criteria based on international practices," Minister of State for Civil Aviation K C Venugopal said while replying to a question.
As per the prevailing norms, an Indian carrier can qualify to operate international services only after it has flown domestically for five years and has 20 aircraft.
Venugopal was asked by AIADMK member A W Rabi Bernard whether such consultations had begun and whether the move would benefit airlines like GoAir or new entrants like Tata- SIA.
To a question, he said no proposal was being considered by the Civil Aviation Ministry to privatise Air India.
In reply to another question, he said airports at Delhi, Mumbai, Hyderabad, Bangalore, Kolkata and Chennai have been identified for development as international hubs.
Regarding losses of the airline industry, Venugopal said IndiGo and GoAir were the only ones among nine scheduled Indian carriers which reported profits in the last financial year. IndiGo reported a profit of Rs 7,957.9 crore, while GoAir's profit was Rs 850.9 crore in 2012-13.
While the losses of Air India combined was the highest at Rs 29,866.5 crore, SpiceJet was the next with Rs 2,798.2 crore, followed by JetLite with Rs 2,468 crore.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 17 2013 | 4:27 PM IST

Next Story