The meeting also comes at a time when the government is in the process of deciding the final contours of the ambitious Regional Connectivity Scheme (RCS).
"Met with lessors, OEM and aviation industry to kick- start the regional connectivity leasing market. Very productive discussion," Sinha, who is the Minister of State for Civil Aviation, said in a tweet.
Last week, he had said that efforts would be made to ensure that flights under RCS start from January 1.
VGF would be created by way of charging a small levy per departure on all domestic flights on certain routes and small aircraft below 80 seats. Central and state governments would be sharing the VGF amount.
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The fares for one-hour flights under the RCS would be capped at Rs 2,500 under the scheme.
The Ministry has signed memorandum of understanding with Gujarat, Maharashtra, Chhattisgarh, Jharkhand and Puducherry among others for implementation of RCS.
RCS refers to operation of an air transport service between any two airports, of which at least one has been declared by the central government as un-served or under-served. There are 394 un-served and 16 under-served airports.
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