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Govt plans to ease this restriction for airlines as domestic air traffic is growing at the fastest pace globallyIndian airlines may no more need to register aircraft in India which they lease from foreign lessors.
In order to simplify the leasing process, the Ministry of Civil Aviation is working towards a procedure to allow foreign registered aircraft to fly in India, The Economic Times reported on Friday.
The aviation ministry on Thursday held a meeting with aircraft lessors, where it said that this international practice may soon be brought here.
The aviation ministry was represented by Minister of State for Civil Aviation Jayant Sinha, secretary R N Choubey and acting Directorate General of Civil Aviation chief B S Bhullar, ET reported.
US allows foreign registered air to fly in the country.
At present, an Indian company has to first get the aircraft registered in India, after which the aircraft can be used by it for regular or charter flights. The government plans to remove this requirement as Indian domestic air traffic is growing at the fastest pace globally and it is also promoting regional connectivity in a big way, which will also require additional aircraft.