Intl Air coonectivity (IAC) scheme Flashcards

1
Q

Who is the implementing agency of the scheme ?

A

Airport Authority of India

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2
Q

What is the target set ?

A

Increasing intl ticketing to 20cr by 2027

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3
Q

What are the permitted aircrafts ?

A

Those with >70seats

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4
Q

What has the scheme proposed to set up ?

A

Intl Air Connectivity Fund (IACF)

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5
Q

What is IACF ?

A

It is a dedicated fund for providing subsidy support under the scheme which will be created through contributions of State Govts

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6
Q

For whom is the subsidy support available ?

A

To selected airlines and only for the passenger seats which remain unsold at the time of IAC flight operation

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7
Q

How many yrs can the subsidy support be extended ?

A

3yrs

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