Intl Air coonectivity (IAC) scheme Flashcards
1
Q
Who is the implementing agency of the scheme ?
A
Airport Authority of India
2
Q
What is the target set ?
A
Increasing intl ticketing to 20cr by 2027
3
Q
What are the permitted aircrafts ?
A
Those with >70seats
4
Q
What has the scheme proposed to set up ?
A
Intl Air Connectivity Fund (IACF)
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
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
7
Q
How many yrs can the subsidy support be extended ?
A
3yrs