India may soon do away with VT registration of flights
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Passengers might soon be flying on foreign-registered aircraft operated by Indian firms with the government planning to do away with certain decades-old requirements to further improve the ease of doing business, as per a news report by agency.The proposal, once implemented, would bring cheer to aircraft lessors by reducing the compliance requirements as well as make the process easier in case they want to re-take the leased planes.
Against the backdrop of the government making efforts to boost regional air connectivity, doing away with India-registration norm would provide more leeway for local operators planning to expand their fleet, sources said.
"We have started discussions and we are exploring the possibility of allowing foreign aircraft without Indian registration to operate in India," a senior
Sources also said that such a move would help in further improving the ease of doing business for the operators and the lessors, among others.
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Presently, Indian operators planning to fly foreign aircraft in the country have to first gthem registered with the
DGCA is responsible for registration of all civil aircraft in the country. The aircraft is required to bear its nationality and registration markings, among others, as per existing regulations.
Last month, Civil Aviation Secretary
Lessors have faced problems in re-taking aircraft leased to Indian carriers in the past, especially with regard to shuttered
On October 13, the Ministry held discussions with various stakeholders, including lessors, on ways to boost regional air connectivity.
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With domestic passenger traffic growth remaining at more than 20 per cent in the past many months, India is also one of the fastest growing aviation markets in the world and various initiatives are being taken to capitalise on this growth.
As per global rules set by UN body International Civil Aviation Organisation, each aircraft has to be registered in a country where it is allotted a registration number which has two letters as the country code, followed by three letters of owners or the carriers choice, like VT-123 in case of an Indian aircraft.
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