The MoU, however, bars Singaporean carriers from operating the superjumbo Airbus A-380 to India.
It enhances by ten per cent the capacity entitlements with Indian carriers now entitled to operate 29,400 weekly passenger seats from India to Singapore and the designated airlines of Singapore flying 28,700 weekly passenger seats from Singapore to India, an official statement said here.
The MoU was signed by Civil Aviation Minister Ajit Singh and Singapore's Transport Minister Lui Tuck Yew earlier this week in Singapore.
The common pool rights for 5,160 seats earlier available to Singaporean airlines, which provided greater operational flexibility to them at major metro centres like Chennai, Delhi and Mumbai, have now been withdrawn, it said.
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Singh also held discussions with the Singapore Transport Minister and Second Minister of Trade and Industry S Iswaran to explore cooperation in various fields of civil aviation.
Singapore's Transport Ministry said, "As demand for air services between both countries continue to grow, the bilateral air services agreement was enhanced to include more capacity entitlements. ... Both countries also agreed to meet regularly to review air services matters.