Tuesday 16 July 2013

Note on Indo-UAE air traffic pact to be ready in 7-10 days - CNBC-TV18

Note on Indo-UAE air traffic pact to be ready in 7-10 days - CNBC-TV18:

"In a move that could be important for Jet-Etihad deal; the Cabinet note on India-UAE bilateral air traffic enhancement will be ready in seven to ten days. Sources have told CNBC-TV18’s Sumit Jha that the cabinet note will note will not go for inter-ministerial comments.

As per the agreement, in 2013, there has to be a hike of 11,000 seats from over and above what India and United Arab Emirates (UAE) were operating. It is also important in light of airlines and operators making use of the hike in the winter schedule itself. The winter schedule starts from the end of October. There was a fear that if this bilateral pact does not get approval from the cabinet, operators might not have enough time to operationalise this hike in seats."

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