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India : “Only country in the world with a 5/20 rule”.

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Mumbai: A new rule called ‘5/20’ was implemented and a controversy has surged up, following it.

The ‘5/20’ rule as it is been called,  decrees that new airlines like Vistara and AirAsia India must fly local for a maximum of 5 years along with the necessary securing of at least 20 aircrafts, before setting their feet abroad.

Tony Fernandes, CEO and founder of AirAsia Group Bhd, tweeted on Saturday: “Quite crazy 5/20 hasn’t been solved. Are owners of Indian airlines living in India. Naresh (Goyal), NRI”.

This is believed to be the reaction to Ratan Tata’s favoring of the 5/20 rule.

To explain the situation further, Fernandes was signaling to Federation of Indian airlines – which represents IndiGo, Jet Airways, SpiceJet Ltd. And GoAir – allegation that Tata is favouring the rule following self-interest and ownership issues.

Vistara co-owned by Tata Sons is essentially controlled from Singapore. Whereas, it is also worth mentioning that Air Malaysia is the largest shareholder.

AirAsia India, India’s largest airline founded by a London-based NRI, Naresh Goyal, is a joint venture in which AirAsia Bhd holds 49%, Tata Sons Ltd. 41% and the rest by Arun Bhatia of Telestra Tradeplace Pvt. Ltd.

Under the Indian laws, a foreign company can own and invest up to 49% on any Indian airline, while an NRI can hold a full 100% share in an airline.

The Tata Sons refuted the allegations, claiming that the day-to-day operations and major decisions are taken by the board members, which comprises a wholesome part of Indian residents. And also that an essential share of the ownership rests with the Indian parties as per the Government’s requirement.

Whereas Fernandes replying to a tweet, said that he can see no reason why Malaysia should not be allowed to set up a joint venture with the Indian airlines. He also mentioned of an Indonesian airline that is already operating a Malaysian AOC (air operating certificate).

In a final tweet, Fernandes remarked: “People of India, your voice needs to be heard more. For too long, airlines have been controlled by a few. Mostly NRIs. Competition is needed”. (Input from agencies)

  • Daddy Luthra

    i don’t know whether to trust this article or not, the article states “AirAsia India, India’s largest airline founded by a London-based NRI, Naresh Goyal, is a joint venture in which AirAsia Bhd holds 49%, Tata Sons Ltd. 41% and the rest by Arun Bhatia of Telestra Tradeplace Pvt. Ltd.”; firstly naresh goyal is the founder of jet airways and not air asia india, secondly Air Asia India cant be called India’s largest airline with a fleet of 6 aircrafts and less than 10 destinations when Airlines like Indigo Operate with a fleet of over 100. These are just the basic facts about aviation in India i don’t know what you people are trying to portray.

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  • Daddy Luthra

    i don’t know whether to trust this article or not, the article states “AirAsia India, India’s largest airline founded by a London-based NRI, Naresh Goyal, is a joint venture in which AirAsia Bhd holds 49%, Tata Sons Ltd. 41% and the rest by Arun Bhatia of Telestra Tradeplace Pvt. Ltd.”; firstly naresh goyal is the founder of jet airways and not air asia india, secondly Air Asia India cant be called India’s largest airline with a fleet of 6 aircrafts and less than 10 destinations when Airlines like Indigo Operate with a fleet of over 100. These are just the basic facts about aviation in India i don’t know what you people are trying to portray.

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India to Launch Electronic Intelligence Satellite Soon

In January, the space agency launched a defence imaging satellite Microsat R for the DRDO

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TESS, rover, NASA, mercuryKeplar, NASA
TESS, the Transiting Exoplanet Survey Satellite, is shown in this conceptual illustration obtained by Reuters on March 28, 2018. NASA sent TESS into orbit from the Kennedy Space Center in Florida aboard a SpaceX Falcon 9 rocket. VOA

India on April 1 will launch an electronic intelligence satellite Emisat for the Defence Research Development Organisation (DRDO) along with 28 third party satellites and also demonstrate its new technologies like three different orbits with a new variant of PSLV rocket, ISRO said on Saturday.

According to Indian Space Research Organisation (ISRO), a new variant of its Polar Satellite Launch Vehicle (PSLV) rocket will first put the 436 kg Emisat into a 749 km orbit.

After that, the rocket will be brought down to put into orbit the 28 satellites at an altitude of 504 km.

This will be followed by bringing the rocket down further to 485 km when the fourth stage/engine will turn into a payload platform carrying three experimental payloads: (a) Automatic Identification System (AIS) from ISRO for Maritime satellite applications capturing messages transmitted from ships (b) Automatic Packet Repeating System (APRS) from AMSAT (Radio Amateur Satellite Corporation), India – to assist amateur radio operators in tracking and monitoring position data and (c) Advanced Retarding Potential Analyser for Ionospheric Studies (ARIS) from Indian Institute of Space Science and Technology (IIST) – for the structural and compositional studies of ionosphere, the space agency said.

The whole flight sequence will take about 180 minutes from the rocket’s lift off slated at 9.30 a.m. on April 1.

The 28 international customer satellites (24 from US, 2 from Lithuania and one each from Spain and Switzerland)- will weigh about 220 kg.

OSIRIS-REx, NASA, Asteroid bennu
Satellite To Conduct Biological Experiments In Space, Plans Space Kidz India. VOA

“It is a special mission for us. We will be using a PSLV rocket with four strap-on motors. Further, for the first time we will be trying to orbit the rocket at three different altitudes,” ISRO Chairman K. Sivan had earlier told IANS.

The PSLV is a four-stage engine expendable rocket with alternating solid and liquid fuel.

In its normal configuration, the rocket will have six strap-on motors hugging the rocket’s first stage.

On January 24, the ISRO flew a PSLV with two strap-on motors while in March, it had four strap-on motors.

The Indian space agency also has two more PSLV variants, viz Core Alone (without any strap-on motors) and the larger PSLV-XL.

Also Read- UAE Launches ‘Lose to Win’ Programme to Help Overweight Employers to Shed Extra Kilos

The ISRO selects the kind of rocket to be used based on the weight of satellites it carries.

The ISRO will also be launching two more defence satellites sometime in July or August with its new rocket Small Satellite Launch Vehicle (SSLV).

In January, the space agency launched a defence imaging satellite Microsat R for the DRDO. (IANS)