Govt unveils draft civil aviation policy
The Indian government brought in a fresh draft recommending listing of state-run Airports Authority of India and chopper firm Pawan Hans on stock exchanges and steps to beef up Air India operations
November 10, 2014
By Denice Cabel
Terming UPA’s aviation policy as “opaque”, government on Monday brought in a fresh draft recommending listing of state-run Airports Authority of India and chopper firm Pawan Hans on stock exchanges and steps to beef up Air India operations, hinting at its stake sale too.
Civil Aviation Minister Ashok Gajapathi Raju unveiled the draft civil aviation policy which also proposes to enhance regional air connectivity, develop six major metro airports as international hubs, create more airports through PPP mode, rationalise jet fuel cost, promote air cargo, MRO and helicopter operations and improve passenger facilitation.
The rule, which allows an Indian airline to fly abroad only after they have flown domestic for five years and have a 20-aircraft fleet, would also be reviewed, he said.
The draft would now be open for wider consultation with all stakeholders, with the Minister saying he hoped to finalise and implement it by January next year.
“If a policy existed (during UPA rule), it was opaque. We want to develop a transparent policy because opaqueness leads itself to allegations. This government wants to work in a transparent manner,” Raju said in response to questions.
On the proposal to list mini ratna AAI and Pawan Hans Helicopters Limited (PHHL) on stock exchanges to “improve transparency and efficiency”, he said, “AAI will be corporatised, followed by listing in the stock exchanges in order to improve efficiency and transparency. Listing of PHHL would also be undertaken with the same objective.”