Search Result for : 520 Rule

Trying to change 5/20 anarchic rule: Raju

PTI Terming the 5/20 rule which allows Indian carriers to fly abroad as "anarchic", India's Civil Aviation Minister Ashok Gajapathi Raju on Thursday said he was trying to change it so that new airlines can connect with foreign destinations. Raju said, in Lok Sabha, that the government wants more Indian airlines to fly to foreign destinations but as long as the 5/20 rule is not changed, they cannot fly abroad. The rule entails that an airline can fly to international destinations only if it has served within the country for five years and has a 20-aircraft fleet. "The more the merrier. It is a fact that 5/20 rule came from a particular Cabinet at a particular point of time. To my mind, it ...

Norms for overseas flight operation to be modified soon: Minister

Deepak Kumar | The Dollar Business The government is considering key changes with respect to the existing norms for overseas flight operators and is likely to take measures to modify the provisions. The existing norm, popularly known as 5/20 rule, allows an airline to operate on overseas routes only with a condition that it must have five years of expertise in the domestic segment operating with a fleet of 20 aircraft. “The prime minister and the aviation ministry held a wide discussion and consultation for almost an hour on 5/20, and methodology has been found out to address this. Currently, 5/20 is being reviewed and will be readdressed with certain changes,” Mahesh Sharma, Minister of State for Civil Aviation, Culture and Tourism ...