Policy sops for feeder airlines in the air

New Delhi: The government plans to encourage feeder airlines operating out of regional hubs with incentives in the form of concessional airport tariff and fast track clearances in its proposed aviation policy.
The new aviation policy, to be tabled before the cabinet soon, is in favour of the existing ceiling on foreign direct investment (FDI), though the finance ministry has proposed a higher limit as well as foreign equity in Indian-run airlines.
The civil aviation regulator will set standards for the entire sector, issue licences to operators and personnel, regulate tariff, punish those who violate standards and ensure that there are no unfair trade practices and abuse of market dominance.
03/05/06 Calcutta Telegraph

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