New Delhi. 14 November 2016. To boost the growth of the civil aviation sector and in particular the regional air connectivity scheme, DGCA has proposed a new regulation on criteria for leasing of foreign registered aircraft by Indian operators for operation by Indian crew.
This regulation will enable operators to import foreign registered aircraft and operate them on foreign registration with Indian crew. This will also make the aircraft leasing environment user friendly.
The proposed regulations lay emphasis on airworthiness, training, operation and safety oversight aspects. Before such arrangement would be permitted, both the State of Operator and the State of Registry would have to sign a Memorandum of Understanding on oversight responsibility. This proposal is at a draft stage and is being put up for public consultation. It is likely to be finalized by the second week of Dec 2016.