5/20 rule likely to be scrapped by Union government

Sep 24, 2014, 19:08 IST

5/20 rule prevailing in the Indian aviation industry was in news recently Union government is thinking to scrap the rule fulfilling the demand of few private airlines who were asking to relax the rule.

5/20 Rule: On the verge of being scrapped

5/20 rule prevailing in the Indian aviation industry was in news recently Union government is thinking to scrap the rule fulfilling the demand of few private airlines who were asking to relax the rule.

As per the 5/20 rule, a carrier must be five-year-old and have at least 20 aircraft in its fleet before being allowed to fly abroad.

The UPA-II Government had initiated the process of scrapping 5/20 rule but could not finish the task. Now, the new government called a meet of CEO of all the Indian Airlines to look into the issue.

During the Meeting, the four airlines i.e. Air India, Jet, IndiGo and SpiceJet sought retention of the 5/20 rule whereas the new airlines of Tatas, one with Malaysian low-cost carrier AirAsia and other with Singapore Airlines, sought removal of this rule.

Jagranjosh
Jagranjosh

Education Desk

Your career begins here! At Jagranjosh.com, our vision is to enable the youth to make informed life decisions, and our mission is to create credible and actionable content that answers questions or solves problems for India’s share of Next Billion Users. As India’s leading education and career guidance platform, we connect the dots for students, guiding them through every step of their journey—from excelling in school exams, board exams, and entrance tests to securing competitive jobs and building essential skills for their profession. With our deep expertise in exams and education, along with accurate information, expert insights, and interactive tools, we bridge the gap between education and opportunity, empowering students to confidently achieve their goals.

... Read More
Get here latest daily, weekly and monthly Current Affairs and GK in English and Hindi for UPSC, SSC, Banking, Railway, Defence and exams. Download Jagran Josh Current Affairs App.

Take Weekly Tests on app for exam prep and compete with others. Download Current Affairs and GK app

AndroidIOS

Trending

Latest Education News