The Union government is to drop the condition of '5/20 rule' to Indian airlines by next November to fly on overseas routes. The government is to scrap the rule requiring airlines to fly on domestic routes for five years and to possess a fleet of at least 20 planes before launching overseas operations, say media reports.
Tag: Indian airlines
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SpiceJet, AI cut fares, budget carriers may follow suit
Now, a silent fare war among Indian airlines is appears to be on. SpiceJet's recent mega sale has triggered a tussle between other Indian airlines who are dropping fares discreetly. Air India dropped fares on January 21 night, taking them lower than rival full-service carrier Jet Airways and matching the prices of the three budget carriers on every route.