Airlines owe a huge sum of Rs 75,701 lakh (Rs 757.01 crore) to Airports Authority of India till September, 2004, Minister of state of Civil Aviation Praful Patel informed the Rajya Sabha on Tuesday.
The airline informed the ministry that it would operate 75 planes by April-end.
According to CAPA, partial abolition of the 5/20 rule was a serious compromise.
The number of such incidents stood at 25 in 2015, 31 in 2014 and 23 in 2013.
The policy has been finalised after nearly eight months since the Ministry came out with the revised draft in October 2015.
Jet has been operating on international routes since 2004, being the first private airline to do so in decades, after it launched a Chennai-Colombo service in March that year.
According to sector estimates, it takes at least six months to develop a route.
Experts said the risks associated with the Indian Experts say that aviation sector would keep investors away from airline stocks.
The fare will be cheaper as it will be capped at Rs 2,500 per passenger.
The infusion will help the airlines plan their next rounds of operations as easing of 5/20 norms
In 2015, India's domestic aviation market clocked 81 million flights.
Amber Dubey explains why India needs to stop blocking competition if it ever wants to become the top aviation market.
The government also said it will hold consultations with the airlines to explore the possibility of curbing the menace of charging exorbitant airfares during emergency situations.
Opposition on Monday picked holes in various government decisions like demonetisation and surgical strikes as well as allocation of funds for MNREGA, agriculture sector and Scheduled Castes, saying it has failed on all fronts despite which it is trying to "fool" the people.
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