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BUSINESS
The Narendra Modi government is all set to change or at least, question two major regulations in the aviation sector.
First, the rule that no second airport can come up within 150 kms of an existing airport. If media reports are to be believed, this number could be reduced to 100 kms. The only exception to this is the Navi Mumbai Airport that was sanctioned by the UPA government.
Second, the government might take a relook at the rule that an airline has fly for five years domestically and have a 20-aircraft fleet to get the permission to fly on international routes.
Mint reported that the Aviation minister Ashok Gajapati Raju has called for a meeting of CEOs of various airlines to discuss their opinion on the issues.
The government could be taking a final call soon after consulting the aviation players.