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CCI Business Bulletin 11/06/16 to 17/06/16
Friday Jun 17, 2016

Cabinet approves Civil Aviation policy
Cabinet has given its approval for the Civil Aviation policy. According to the revised rules, a new airline will need to deploy 20 aircraft or 20% of the total fleet size, whichever is higher, on domestic routes in order to secure international flying rights. The Viability Gap Funding (VGF) will be funded by a small levy per departure on all domestic routes other than Cat II/ Cat IIA routes, RCS routes and small aircraft at a rate as decided by the Ministry from time to time.

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