Govt to review entry barriers for new airlines

New Delhi: The government is likely to take a fresh look at the existing entry barriers for new airlines to enter the Indian skies, maintaining that there has been no clampdown on issuing fresh licenses to serious players.
Under the existing rules, a new airline has to have a fleet of five aircraft and an equity capital of at least Rs 30 crore, among other things, to get a scheduled operator license, which allows them to operate in the domestic sector with a published time-table.
"We will have to revise the entry barriers. The minimum of five aircraft will be looked at. But we want serious players to come in," highly-placed sources in the Civil Aviation Ministry said.
10/09/06 Zee News

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