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India’s Aviation Sector Liberalised FTO (Flying Training Org | Current Affairs ONLY

India’s Aviation Sector

Liberalised FTO (Flying Training Organisation) Guidelines approved to encourage FTOs.

Details :

India has the 3rd largest domestic aviation market and is one of the fastest-growing aviation markets in the world.

Liberalised FTO guidelines have been approved wherein the concept of airport royalty (revenue share payment by FTOs to AAI) has been abolished and land rentals have been significantly rationalised to encourage the setting up of FTOs to address the shortage of pilots in the country. 

The GoI is
proactively supporting the aviation sector in the country.

In 2016, the National Civil Aviation Policy
(NCAP) was released with a mission to provide safe, secure, affordable and sustainable air travel for passengers and air transport of cargo with access to various parts of the country and the world.

The
government announced new MRO (Maintenance, Repair and Overhaul) guidelines in September 2021 to create a congenial environment in the country for the development of the MRO industry for helicopters, aircrafts, drones and their engines and other parts.

Helicopter operation policy was also formulated to encourage helicopter operations creating demand and growth.

At
present, there are 30 international airports in the country.

The Ministry of Civil Aviation
launched Regional Connectivity Scheme – UDAN (Ude Desh Ka Aam Nagrik) in 2016 to promote regional air connectivity and to make air connectivity affordable to the masses.

The Airports Authority of India (AAI) and PPP (Public-Private Partnership) Airport Operators have embarked upon a capex plan of more than Rs 98,000 cr. for the upgradation, modernisation and development of various brownfield airports and greenfield airports.


Tag:   #GS3  #infra #Aviation #Pre