The government has invited proposals from private sector interested to operate international flights on Class A routes. It sought fresh proposals from interested parties as it received no proposal on Class A routes in its second notice issued in mid-January.
The government has classified international air routes with flight duration between two hours and three and a half hours as Class A routes. The government had recently issued international flying permission to four airlines – Buddha Air, Unity Air, Shree Air and Air Dyanmin -- on Class B and C routes.
The government plans to permit three airlines, including one airline focusing on cargo operation -- to operate international flights.
According to the Ministry of Tourism and Civil Aviation, domestic airlines with a fleet of five aircraft and having paid-up capital of Rs 500 million are eligible to apply for license for international operation.
New companies with paid-up capital of Rs 500 million are eligible to apply. The companies should have to furnish a non-refundable deposit of Rs 50,000 and bank guarantee of Rs 5 million to apply for the license.
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