The central government has set itself a tight deadline of July this year for completing a series of reforms in the civil aviation sector.
Government is looking to develop 15 airstrips owned by the state governments and 10 that are with the Airports Authority of India.
He said the ministry was looking forward to suggestions from the state governments and discussions were underway with all the stakeholders to arrive at a policy which would bring back growth in the aviation sector.
The airline should have an accident/serious incident free record of operation.
The move will help increase participation of retail investors, providing momentum to the primary market.
Proposals for listing of AAI and Pawan Hans have been made in the Draft Civil Aviation Policy, released by Raju.
A govt official says there is consensus among the airlines and the ministry that fixing an upper limit in airfares will not be a constructive idea
Govt to introduce new aviation policy on May 15.
'Airlines will be asked to submit a detailed plan on the viability of the location.'
Cash-strapped Air India should be run by professionals even if the government partially off-loads its stake to investors to keep it off-the-ground, a top global aviation professional has said.
Incumbent airlines oppose the proposal.
India's domestic aviation market has clocked a growth rate of 22 per cent in the last one year.
The panel will be asked to give report by March-April next year.
IndiGo, Jet, SpiceJet and GoAir demand level playing field in aviation policy, say government can't favour only two new airlines.
The government has made clear that the Airports Authority of India will closely monitor the cost of airports built through the PPP route.
There is no clarity on the stand taken by the PM on many issues plaguing the aviation sector
Overseas airlines can operate unlimited number of flights into and out of India.
A government that confuses PowerPoints for policy is delaying structural change too much.