While the aviation sector has been clamouring for fund infusion and tax benefits, Finance Minister Nirmala Sitharaman today announced efficient use of airspace, privatisation of six airports of Airports Authority of India and development of maintenance repair overhaul hub as a part of government package for aviation.
Sitharaman said only 60 per cent of Indian airspace is freely available and restrictions will be eased so that flying takes less time. She added that this will result in annual saving of around Rs 1,000 crore for airlines.
However the policy initiative is not new.
The government had formulated flexible use of air space policy in 2014. The policy allowed for civilian flights through military airspace on certain conditions. For instance a flight route would be available for airlines only during certain hours of the day or there were restrictions on the height for civilian aircraft passing through military airspace.
“But the policy was not really implemented. Now we hope that with