First civil aviation policy of India was announced on June 15, 2016. Its main objective is to promote domestic aviation.
Other important objectives are as follows:
1. To make India 3rd biggest market for civil aviation from the current 9th position.
2. To increase income to 30 crore from domestic ticketing.
3. To increase number of airports from the current 77 in year 2016 to 127 by the year 2019 for commercial flights.
4. To increase goods carrying capacity by four times to 10 million tons by the year 2027.
5. To facilitate air service to the common man.
6. To develop Greenfield airports and helipads.
7. To ensure availability of 3.3 lakhs quality certified skilled professionals by the year 2025.
8. Flexible and free open sky policy and code sharing agreements.
9. More relaxed rules, easy process and ease of trade through e-governance.
10.To promote Make in India programme in civil aviation sector.
To achieve above mentioned objectives, various provisions have been made in National Aviation Policy.
These provisions state that for every one hour of flight the cost of ticket would be Rs 2500/- and for every half – hour flight, it would be Rs 1200/- and the loss faced by present airline companies will be borne by center and state governments in the ratio of 80 : 20. Several further amendments in aviations policy in the year 2016 are possible.