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Showing posts with the label 5/20

Exclusive- Parrikar on Strategic Partnership Clause- When?

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Neelam Mathews May 15, 2016 As India's DPP awaits the Strategic Partnership clause to take off, Defense Minister Manohar Parrikar told AerospaceDiary this could be possible "after hearing all the stakeholders getting their  apprehensions on board."  He added: "We should start with one or two strategic platforms (though) I have nothing specific in mind so that we can also learn from their experience. It's a new kind of thing so you need to be careful there has to be proper thinking on all aspects including  (the) most important is transparency and financial competency. On why the decision had slowed down, He said: "Nothing is getting stopped. But when something is new, it has to be thought over. People don't want to come out of their cocoon, so there is either objection or apprehensions. So we have to take care of all those." While a lot Parrikar said made sense, this govt has to ensure it does'nt go in its predecessor's footsteps as ...

India's Vistara Calls For Free Access to International Routes

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Neelam Mathews Nov 4, 2015 Indian domestic carrier Vistara wants to expand its existing fleet of nine A320s to begin international services. A report by the Center for Aviation (CAPA) commissioned by Indian domestic carrier Vistara has called on India’s government to take a long-term view of the air transport industry’s needs as it finalizes long awaited  new legislation. “The report, we hope, will form one of the significant inputs the government will take on board before it finalizes what is currently a draft civil aviation policy,” said Dr. Mukund Rajan, a board director with Vistara’s parent company Tata-SIA Airlines at a press conference in Mumbai on October 30. Vistara’s main concern is that its expansion plans will be undermined if the government does not abolish the so-called 5/20 rule, which obliges airlines to have a minimum of 20 aircraft and five years of domestic operational experience before they can launch international routes. This rule has been in place s...