Lok Sabha Question No. 3209 (UNSTARRED), answered on 2015-12-17
Subject: Sale of Stakes by Airlines
Ministry: CIVIL AVIATION
Asked by: HARINDER SINGH KHALSA

## GOVERNMENT OF INDIA MINISTRY OF CIVIL AVIATION LOK SABHA

UNSTARRED QUESTION NO. : 3209 (To be answered on the December 2015) 17t6

## SALE OF STAKES BY AIRLINES

3209\_

SHRI HARINDER SINGH KHALSA

## Will the Minister of CIVIL AVIATION

be pleased to state: -

- (a) the number of private airlines sold their stakes to foreign airlines and the details of stakes transferred; airlines-wise and year-wise with corresponding amounts during the last three years and the current year;
- whether foreign airline companies have flouted any rule of indirectly providing more flights than mandated, if sO, the details thereof; and
- (b) whether all regulatory rules were followed in such transfers; if the details thereof; SO,
- (d) the details of the number %f flights 0f each foreign airline companies as provided under the rules in India and the actual flights undertaken by them either directly or indirectly via India during the said period?

## ANSWER

Minister of State in the Ministry of CIVIL AVIATION

(Dr Mahesh Sharma)

- (a) and (b): The decision on Foreign Direct Investment (FDD) proposal is taken by Foreign Investment Promotion Board (FIPB) after taking into account all extant Rulelregulation in the sector. FIPB approved the proposal submitted by Mls Etihad each of Jet Airways (India) Limited (Scheduled passenger airline) by way of preferential allotment for an amount not exceeding Rs. 20,57,66,52,711.02 at Rs; 754.74 per share on 10.10.2013. With this preferential allotment of equity shares, Etihad Airways PJSC would hold 24% of the issued up equity share capital of Jet Airways (I) Ltd. paid post
- (c); No Madam, The operation of foreign carriers are allowed within their capacity entitlement: However; excess operation of a carrier is allowed on certain grounds which is decided on case to case basis.
- (d): Details are attached at Annexure 1 and II:

## AIRWAYS FOR THE: YEARS 2012-13,2013-14 AND 2014-15

| Year Name of the Carrier               | Flights Operated (Number)   | PASSENGERS CARRIED (Number)   |
|----------------------------------------|-----------------------------|-------------------------------|
| Jet Airways (INTERNATIONAL OPERATIONS) | 45882                       | 6952388                       |
| Etihad Airways                         | 11142                       | 1577504                       |
| Jet Airways (INTERNATIONAL OPERATIONS) | 39273                       | 5772858                       |
| Etihad Airways                         | 6878                        | 979276                        |
| Jet Airways (INTERNATIONAL OPERATIONS) | 37058_                      |                               |
| Etihad Airways                         | 6350                        | 819443                        |

## ETIHAD AIRWAYS ENTITLEMENT FOR LAST 3/4 YEARS: -

| YEAR       | ENTITLEMENT SEATS/WEEK   | REMARK                                       |
|------------|--------------------------|----------------------------------------------|
| 2012-13*   | 13,330                   |                                              |
| 2013-14*   |                          | Effective from 24th April, 2013              |
| 2014-2015* | 130 37 ,                 | Effective from the IATA Winter 2014 Schedule |
| 2015-16*   | 50,000                   | Effective from the IATA Winter 2015 Schedule |

Within above overall entitlement, the designated airlines of the UAE(Abu-Dhabi, Designated Airline: Etihad) shall operate not more than following weekly seats/frequencies tojfrom their points of call:

| Points of Call   | 2012-13 Freq / Seats   | 2013-14 Effective April, 2013 24th   | 2014-15 Effective Winther 2014 Freg-/Seats_   | 2015-16 Efiective Winter 2015   |
|------------------|------------------------|--------------------------------------|-----------------------------------------------|---------------------------------|
| Mumbai           | 7/1,855                | 14 [3,384                            | 21/5,163                                      | 28/6,952                        |
| Celhi            | 7/1,855                | 14/3,384                             | 21/5,163                                      | 28/6,952                        |
|                  | 1,365                  | 2,487                                | 3,793                                         | 5,106                           |
| Kochi            | 1,855                  | 3,384                                | 5,163                                         | 6,952                           |
| Chennai          | 1,365                  | 2,487                                | 3,793                                         | 5,106                           |
| Kozhikode        | 1,100                  | 2,013                                | 3,076                                         | 4,144                           |
| Jaipur           | 120                    | 952                                  | 1,450                                         | 1,946                           |
|                  | 875                    | 869                                  | 1331                                          | 1,800                           |
| ederabad         | 980                    | 1,783                                | 2,717                                         | 3,657                           |
| 32ngalore        | 980                    | 1,794                                | 2,741                                         | 3,693                           |
| Ahmedabad        | 980                    | 1,793                                | 2,740                                         | 3,692                           |
|                  | 13,330                 | 24,330                               | 37,130                                        | 50,000                          |