Union Cabinet approves signing of Air Services Agreement between India and Fiji
Free Current Affairs to Your Email
Posted on:26 Aug 2016 09:09:57
26 August 2016 Current Affairs: The Union Cabinet has given its approval for signing of new Air Services Agreement (ASA) between India and Fiji. The Agreement is for updation of the existing ASA between the two countries which was signed in January, 1974.
The objective of new ASA is to improve the air connectivity between the two countries by updating the existing ASA, keeping in view the latest developments in civil aviation sector. Under new ASA, both countries shall be entitled to designate one or more airline. These airlines shall have right to establish offices in other country for promotion and sale of air services.
The designated airlines shall have fair and equal opportunity to operate the agreed services on specified routes. The routes and frequencies shall be decided subsequently.
These airlines will have freedom to decide tariffs in respect of the agreed services at reasonable levels based on the commercial considerations. Besides, they can enter into cooperative marketing arrangements with the designated carriers of same party and other party.
FreshersLive - No.1 Job site in India. Fresherslive Current Affairs 2017 section offers informative quiz questions with answers regarding latest current affairs today for all sorts of competitive exams like UPSC, TNPSC , IFS, IAS, IPS, railway exams (RRB) and banking exams like IPBS PO, IPBS clerk, Federal Bank PO, ICICI, SBI, RBI legal officer & Grade officer posts and much more. Register with us to get latest Current Affairs Updates. Also get latest Current Affairs news and quiz Updates for free alerts daily through E-mail