The Union Cabinet on Wednesday cleared the new Civil Aviation Policy, paving the way for better regional connectivity and making it easier for new airlines to fly abroad by amending the controversial 5/20 rule. Now, any domestic airline can fly abroad if it deploys 20 planes or 20 per cent of its total capacity for domestic operations, whichever is higher.
The proposal to amend 5/20 rule had divided the industry with the Federation of Indian Airlines opposing the relaxation and Tata group-owned airlines AirAsia India and Vistara seeking it. SKY IS NO MORE THE LIMIT Rs ...
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