'Massive Lobbying' Against 5/20 Rule: AirAsia Berhad

New Delhi: The government is expected to scrap in the near future the 5/20 norm that restrict new airlines from flying abroad as there is "massive lobbying" against it, says AirAsia Berhad--a key stakeholder in start up budget carrier AirAsia India. AirAsia's remarks come amid high decibel debate over the continuance of 5/20 norm--whereby only local airlines having at least five years of operational experience and a fleet of minimum...