New Aircraft Acquisition Committee gets Ajit Singh nod

October 26, 2012 06:57 pm | Updated June 28, 2016 09:35 am IST - NEW DELHI:

B.LINE: Ajit Singh,  Minister of Civil Avaiation welcomed by  Mr. D.S. Rawat, Secretary General, ASSOCHAM.
5th ASSOCHAM International Conference on Indian Civil Aviation ,in the Capital on 21.9.12. Pic : Kamal Narang

B.LINE: Ajit Singh, Minister of Civil Avaiation welcomed by Mr. D.S. Rawat, Secretary General, ASSOCHAM. 5th ASSOCHAM International Conference on Indian Civil Aviation ,in the Capital on 21.9.12. Pic : Kamal Narang

Union Civil Aviation Minister Ajit Singh, on Friday, approved the constitution of a new Aircraft Acquisition Committee (AAC) to be headed by Additional Secretary and Financial Advisor to consider, examine and make recommendations on all proposals for providing air transport services and for permitting import or acquisition of aircraft for various purposes.

Along with this, the procedure for consideration and approval of applications has also been streamlined significantly with timelines stipulated for various stages of processing. The other members of the committee include H. S. Khola, former DGCA, Chairman, Airports Authority of India, Director-General of Civil Aviation, and Commissioner, Bureau of Civil Aviation Security. Joint Secretary (Domestic Transport) will be the convenor. The Domestic Transport Section in the Ministry of Civil Aviation will serve as the Secretariat of the committee, an official statement issued here said.

The AAC shall examine and appraise applications/proposals from the perspectives of air transport capacity required to meet the air traffic demand, as well as the safety, security, financial, commercial and other relevant aspects of the proposal to ensure orderly growth of air transport services. After examination and appraisal, the AAC shall make appropriate recommendations on issues such as operation of scheduled air transport services, operation of regional scheduled air transport services, operation of non-scheduled air transport services, acquisition of aircraft for flying training institutes, acquisition of aircraft for private use, in-principle approval for import/acquisition of aircraft on the request of the applicant to enter into long-term contract of supply with other parties like manufacturer, lessor or financer and also to plan their operations in future and replacement of aircraft if the seating capacity of the replacement aircraft exceeds by more than 10 per cent of the capacity of the aircraft being replaced.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.