TODAY -
New aviation policy to boost NE connectivity
Assam Tribune | New Delhi, June 15 :
In a move to boost regional air connectivity, the new Civil Aviation Policy has proposed Viability Gap Funding (VGF) in the ratio of 90:10 for the northeastern States.
The policy aims to bolster the domestic aviation sector by tapping its high growth potential with provisions such as capping airfares at Rs 2,500 for a one-hour flight, auctioning of unilateral traffic rights, tax incentives for airlines, maintenance and repair works of aircraft besides mooting 2 per cent levy on all air tickets to fund regional connectivity scheme and providing viability gap funding for airlines to encourage operate on regional routes.
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* This Post is uploaded on 16 June, 2016
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