On August 11, Minister of State for Road Transport & Highways and Civil Aviation, Vijay Kumar Singh, informed Rajya Sabha that four airline companies had applied for no-objection certificates (NOCs) to start scheduled air passengers operations along with air cargo services.
Four Airlines apply for (NOC)
- The airlines include SNV Aviation Pvt. Ltd. (the holding company of Rakesh Jhunjhunwala’s-promoted Akasa Air), Turbo Megha Airways Pvt. Ltd. (a scheduled regional carrier), Jet Freight Logistics Ltd., and SpiceXpress & Logistics Pvt. Ltd. (SpiceJet’s cargo arm that the airline expects to spin off into a separate entity).
- In the month of July, SpiceJet had reported a consolidated net loss of ₹257 crore for the quarter ended March 2021 after which it announced to hive off its cargo services into a separate company.
- Singh stated, “Prospective operators are free to assess the aviation demand and participate with their specific business plan.
- The ministry of Civil Aviation (MoCA) as a nodal Ministry, facilitates an ecosystem to promote the aviation sector.”
He continued saying that in accordance with the civil aviation requirements, i.e., CAR, interested airlines apply to MoCA for obtaining NOC to start operating scheduled passenger air transport services.
Earlier, the Ministry had dispensed with the issuance of NOC for applicants of non-scheduled operators considering ease of doing business.
“However, for scheduled operations, Airlines need to obtain NOC from MoCA as per extant rules/regulations in this regard”, the Minister added.
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