Government is planning to allow local carriers to operate foreign-registered planes in the country, as part of larger efforts to boost regional air connectivity and improve aircraft leasing activities.
Once the norm is in place, domestic operators can import overseas-registered aircraft and fly them on foreign registration with Indian crew.
Proposing changes to existing regulations, the Civil Aviation Ministry today said they are aimed at boosting the growth of the civil aviation sector and in particular, the regional air connectivity scheme.
“This will also make the aircraft leasing environment user-friendly,” it said in a release.
In this regard, a new regulation on criteria for leasing of foreign registered aircraft by domestic operators for operation by Indian crew has been put up for public consultations.
The proposal, which is at a draft stage, is likely to be finalised by the second week of December.
Currently, Indian operators planning to fly foreign aircraft in the country have to first get them registered with the Directorate General of Civil Aviation (DGCA) and have the national mark ‘VT’ or ‘Viceroy Territory’ on the plane.
Looking to boost regional air connectivity and make flying more affordable, the Ministry has come out with the ambitious UDAN.
Among others, fares would be capped at Rs 2,500 for one-hour flights operated under this scheme.