Air space norms will be eased to cut flying time, cost of fuel

The finance minister Nirmala Sitharaman on Saturday announced reforms to kickstart the civil aviation industry which has been grounded due to the lockdown initiated to control the Covid-19 pandemic.

These included the optimal utilization of country’s aerospace which would result in shortening of routes, lower fuel costs apart from lower duration for flights.

The government also said that it will put up six airports for bidding under public-private partnership (PPP) model.

Private players will make additional investments to the tune of Rs 13,000 crore in 12 airports that were awarded to them earlier, while state-owned Airports Authority of India will receive Rs 2,300 crore down payment from the airport privatisation process.