Tag Archives: 139.32 million

The new Civil Aviation Policy gives a boost to the domestic aviation sector by offering auctioning of unilateral traffic rights and tax incentives. Under the new policy, domestic airlines will be free to enter into code-share agreements with foreign carriers for any destination within India on a reciprocal basis. In fact, the policy has completely liberalised international code share between Indian and foreign carriers. Government will also liberalise the regime of bilateral rights, which in turn would lead to greater ease of doing business and wider choice to passengers. The policy also proposes real time safety tracking. The Civil Aviation Policy is aimed at creating an eco-system to handle 300 million domestic passengers by 2022 and 500 million by 2027, and 200 million international travellers by 2027. India recorded around 139.32 million domestic and over 50 million international air travellers in 2014-15.    

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