India suggests standardised credit score evaluation system for airlines to ICAO
India has mooted the idea of developing a standardised creditworthiness evaluation system for airlines that will also entail tiered risk-based terms for payments to be made to airports.
A working paper for having a standardised Airline Health Score (AHS) framework to assess the financial, operational and safety performance of airlines was recently submitted to the International Civil Aviation Organisation (ICAO) ahead of its 42nd General Assembly scheduled to begin from September 23.
