5-year, 20-plane rule makes no sense: AirAsia group CEO - The Times of India
So while the Indian government offers ready access to the Indian market for foreign start-up airlines, domestic start-ups are held back from accessing foreign markets! Is this not the opposite of what all governments should do i.e. further the interests of their own citizens and industry. No wonder foreign passenger airlines control about 2/3 share of the International passenger market from India. The figure for cargo is more than 80%!! Emirates carries 3 times as many passengers in and out of India as Air India! Heck, SQ carries more passengers in and out of India than Air India! Such a sell out of our interests!
Why are our own carriers unable to exploit the International passenger market from India in their favor? If they could, then the career progression of not just CPL holders but of people currently flying medium jets and TPs with Indian carriers would also be taken care of. And off course with people moving up the chain, more CPL holders could be employed.
OPERATOR
Anybody wants to guess whether the Jet-Etihad deal will lead to which of them dominating the traffic between India and the proposed new hub of Indian aviation at Abu Dhabi?
With the new CEO at Jet being close to some elements at Etihad , what do we expect? Since Etihad will be exploiting the Indian market, will they be hiring a good number of Indian crew? I don't think so. Is it possible that a gentleman bought some time for his airline by using his influence in the MOA to sell national interests(read increase of bilateral rights for Abu Dhabi)? Tony Fernandes of Air Asia has openly named the person who benefits from the 20 aircraft, 5 year rule. This person's airline has failed(along with AI) to counterbalance the domination of foreign airlines in the Indian market(international routes) and now he wants that other Indian carriers(including JVs) which might just be capable of doing that are kept subdued. So one operator gains(do they?) at the expense of the whole Indian aviation sector!
Is Etihad paying Jet in exchange for 24% stake or in exchange for someone's influence in MOA?