Saturday, December 20, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Projects

Projects: UDAN 5.0 to bring target closer to operationalizing 50 airports

Fiinews by Fiinews
April 23, 2023
in Projects
Reading Time: 3 mins read
A A
0
Airport Authority of India
0
SHARES
10
VIEWS
LinkedinShare on Twitter

UDAN 5.0 focuses on aircraft with 20-80 seats and >80 seats

Civil Aviation Minister Jyotiraditya Scinda said the UDAN 5.0, the latest updated scheme for initiating domestic airline-flights, will bring closer to the Government’s target of operationalizing 1,000 routes and 50 additional airports, heliports, and water aerodromes in the near future.

“UDAN has proved to be a lifeblood of many regions which are now well connected with places across the country. This new and stronger version of the scheme will raise the momentum, connecting new routes, and bring us closer to the target of operationalizing 1,000 routes and 50 additional airports, heliports, and water aerodromes in the near future,” he said commenting on UDAN 5.0 on 21 Apr 2023.

The UDAN Scheme has benefitted a diverse set of stakeholders. Passengers have got the benefits of air connectivity, airlines have received concessions for operating regional routes, unserved regions have received the direct and indirect benefits of air connectivity for their economic development.

It is another step for a common man traveling by air at affordable and subsidized airfares.

Following the four successful rounds of bidding, the Civil Aviation Ministry has launched the 5th round of the Regional Connectivity Scheme (RCS) to further enhance the connectivity to remote and regional areas of the country and achieve last mile connectivity.

Key Features of UDAN 5.0 are as follows:

 This round of UDAN focuses on Category-2 (20-80 seats) and Category-3 (>80 seats).

 The earlier stage length cap of 600-km is waived off and there is no restriction on the distance between the origin and destination of the flight.

 Viability gap funding (VGF) to be provided will be capped at 600-km stage length for both Priority and Non-Priority areas which was earlier capped at 500-km.

 No predetermined routes would be offered. Only Network and Individual Route Proposal proposed by airlines will be considered.

 The airlines would be required to submit an action and business plan after 2 months from the issuance of LoA wherein they submit their aircraft acquisition plan and availability of aircraft, crew, slots, etc. at the time of the Technical Proposal.

 The same route will not be awarded to a single airline more than once, whether in different networks or in the same network.

 Exclusivity will be withdrawn if the average quarterly PLF is higher than 75% for four continuous quarters, to prevent exploitation of the monopoly on a route.

 25% of the Performance Guarantee to be encashed for each month of delay up to 4 months, to further incentivize quick operationalization.

 Airlines would be required to commence operations within 4 months of the award of the route. Earlier this deadline was 6 months.

 A list of airports that are ready for operation or would soon be ready for operations has been included in the scheme to facilitate quicker operationalization of routes under the Scheme.

 Novation process for routes from one operator to another is simplified and incentivized. fiinews.com

Tags: Ministry of Civil Aviation
ShareTweetShare

Related Posts

Exicom
Projects

Project: Exicom launches EV charging infra

by Fiinews
December 20, 2025
0
12

Nahata is delivering reliable charging experiences Exicom Tele-Systems Limited (BSE: 544133) (NSE: EXICOM) has launched Exicom One, a turnkey solution...

PIB
Projects

Project: 2,626 rail stations get solar power

by Fiinews
December 18, 2025
0
14

Efforts continue on green energy security Indian Railways has made strong progress in using solar energy across its rail network...

GGGI

Project: Power Ministry engages foreign partners

December 17, 2025
13
DP World

Project: Port talks being held with maritime countries

December 15, 2025
16
Cybersecurity

Project: Strengthen cybersecurity in power network

December 14, 2025
14
ISRO

Project: Chandrayaan-4 set for 2027 launch

December 13, 2025
21
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Manufacturing: TDB supports Sodium-Ion project
  • Export: JTIC to strengthen bilateral trade
  • Tenders: NPG evaluates 7 rail-1 road projects
  • Market: Singapore has long-term intent on India
  • Project: Exicom launches EV charging infra

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.