NEW DELHI, March 21 India has scrapped
government control over the acquisition of planes by local
carriers, a government statement said, removing a major
bureaucratic hurdle for the country's airlines in their
Indian airlines will need 1,043 new passenger and freighter
aircraft valued at $145 billion by 2030 to satisfy rising
demand, Airbus said last year.
Local carriers will now require just an initial no-objection
certificate to start operations and will be at liberty to induct
planes without seeking approval from the ministry of civil
aviation, the government statement said.