The Ministry also held a meeting with the domestic airlines as well as other stakeholders like non-scheduled operators and airport operators to elicit their views on the new proposed norms.
"We are sending a note for inter-ministerial consultation. Following that, we will send the note to Cabinet for its approval," the sources said.
The current rules stipulate that the domestic carrier must have a fleet of 20 aircraft and 5 years experience before flying abroad.
On reaching the 300 DFC milestone, the air carrier can approach the government for being designated on a long haul international route of more than 6 hours flying time.
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Such deployment will have to comply with revised Route Dispersal Guidelines, they said.
"Once an airline reaches the 300 DFCs, it can approach the Government for being designated on a long haul international route of more than 6 hours flying time," they said.
Also, if the airline fails to maintain annual capacity deployment of 200 DFCs in domestic sector, the government would have the right to review the permission.
"In such a situation, the government can curtail or withdraw the capacity entitlement on international routes as well," they said.
At the same time, airlines may also purchase DFCs from other airlines, for an amount up to 25 per cent of the requirement of the route, they said.
Besides, operators under non-scheduled permit (NSOP) will have the option to convert themselves either into scheduled commuter airline or air charter operator.
Such non-scheduled operators who are not converted into Scheduled Commuter Airline within a period of one year shall be categorized as 'air charter operators', they said.
Meanwhile, Federation of Indian Airlines sources said that the airlines have sought a two-weeks time from the government to study the proposed revised norms.
"We need time to go through the proposed changes. The 20-year-old rules just can't be rubbed off in days," they said.