Key Investments and Developments

1.Key Investments

June 2015 Mahindra Group & GE Aviation

MoU for sharing of airlines codes, frequencies & additional points of call in Antalya during International Civil Aviation Negotiations (ICAN),

Nov 2015.

Airbus SAS- plans to open aircraft maintenance and repair overhaul (MRO) facility in India.

Airbus (Oct 2015) committed to source products worth US$ 2 billion cumulatively over the next 5 years

from India.

JV -TASL & Boeing (Nov2015)Manufacturing Aero structure

2.Government Initiatives

new draft aviation policy introduced

5-20 Rule abolished

0-20 Rule Introduced

Minimum regional fare fixed

WHY:Improvement in regional and remote air connectivity

Plan to Revive & Operationalize

50 AIRPORT10 YEARS

The GOI have taken decision to award airports in Kolkata, Chennai, Jaipur and Ahmadabad

Request for Qualification’ has been issued from AAI.

Chennai

Jaipur

Proposal to

raise FDI

100% FDI allowed

under the automatic

route.

By 49% to 50%

Proposal to raise

FDI

Boosting PPP models for Construction of airports through PPP

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