UDAN- bidding done by IndiGo, SpiceJet, Jet Airways and Zoom Air

     Written by : SMTV24x7 | Thu, Dec 14, 2017, 01:30 AM

UDAN- bidding done by IndiGo, SpiceJet, Jet Airways and Zoom Air

New Delhi Dec 13: IndiGo, Jet Airways and SpiceJet have submitted bids under the regional connectivity scheme's second round of bidding wherein the government has received 141 initial proposals, a senior official said on Wednesday.

The financial bids in the second round of the scheme — Ude Desh ka Aam Naagrik (UDAN) — will open on Thursday while the technical bids were opened on December 5.

IndiGo, SpiceJet, Jet Airways and Zoom Air are among the applicants that have put in their bids for the second round of UDAN, according to the civil aviation ministry official.

UDAN seeks to connect unserved and under-served airports as well as make flying more affordable. The participating airlines are provided Viability Gap Funding (VGF) — which is contributed by the ministry and respective state governments.