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sTfUE-{ur A1RPORTS AUTHORITY OF I

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LETTER OF INTENT

No: AAI/RCS-3. I/TAPL 12019 Dated: ' 08.03.2019

To,

t M/s Turbo Aviation Pvt. Ltd. Plot No. 22, Gagan Vihar Colony, ' Beside , ) -500 016

Subject: Letter (66LOI") , of Intent for the selected airline operator under the Regional

I Connectivity Scheme,(6RCS") - UDAN in 3.1 bidding for operation of RCS Flights on RCS routes/ Networks. , , I

'Sir, t

1. This is with reference to your proposals (Last date of submission22,02.2019) for operating as the selected airline operator under the RCS. ("Proposal"), submitted pursuant to the Notice Inviting e-Proposal for Selection of Airline Operators [dated 8'h February, 2}lg and corrigendum/Revisions issued from time to"time] ("NIeP") issued by the Airports Authority of India ("Authority"), acting ry the implementing agency on behalf of Ministry of Civil Aviation, Government of India.

2. Your proposals have. been accepted by the competent authority for the networks as per " AnnexureA enclosed'and you have been identified as the Selected Airline Operator (SAO). However, this acceptance is subject to condition mentioned in Remarks column of Annexure- A

3. Additionally, please note the following remarks pertaining to the proposals submitted by you: i a) Operations to be commenced on the routes of the proposals within 06(six) months from the date of issue of LOI or within 02(two) months from readiness of airport in the RCS networks, whichever is later. b) Operations is subject to ifr. *.itt.ntconsent f.orn airport operator like Defence, PSU and Private to provide concessions /supports as airport operator under the Scheme; c) It is deemed that SAO has conducted all due diligence (refer para-3.4.3 of the Scheme). Accordingly, the responsibility of obtaining slots at airports lies with the SAO specially slots at constrained airports like; Mumbai, , Goa, Delhi etc. d) The Letter of Intent (LoI) is subject to confirmation of Prgposal Security BG by the issuing bank. ^ ,: 4. You d?e requested to comply with the all provisibns of NIeP.

5. 'You are requested to sign'and return the duplicate copy of this Lol and submit timelines (i.e. obtaining of SCO/SOP, induction of aircrafts eJc.) for commencement of RCS flights on the

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\ rrfrq {reft TEE ffiei-tsir rqd WsT C Rd-11ooo3 : 24632950 Rajiv Gandhi {fiIq Bhawan , New Delhi-1 1 0003 Phone :24632950 said routes/networks, to the office of the undersigned, as acknowledgement of this LOI, within 5 (five) days of the receipt of this LOI.

6. Kindly note that this Letter of Intent form the part of SAO Agreement(s) and the detailed Letter(s) of Award (LoA) will follow after compliances of conditions in Annexure-A if any.

Sincerely,

a r1 3 \w ) General Manager (Engg.-RCS) For and on behalf of the Chairman Airports Authority of India

Enclosure:-AnnexureA

l. Chairman, Airports Authority of India, (e-mail: [email protected] ;) 2. Joint Secretary(UP), Ministry of Civil Aviation, (e-mail; [email protected]) 3. Director General_Civil Aviation, (e-mail;; [email protected]): the SAO has been granted three years exclusivity on RCS Routes as per RCS Version 3.0. Therefore, RCS routes as per AnnexureA of LoA may not be considered to allotment to other airline(s) 4. Director General BCAS (e-mail; [email protected] 5. General Manager (IT) may upload the Lol on AAI website 6. Chief Secretary, Govt. of / Taminadu

Page 2 Annexure-A

Airline S. No Network SRCS/RCS Routes Joint Exclusivity Lucknow - Lucknow To Varanasi Letter of lntent is subject to submission Varanasi of BGs by SAO in place of Cheques and L - Lucknow Varanasi To Lucknow input from DGCA regarding performance I Fixed-wing ] of SAO. Karnool To Letter of lntent is subject to submission of BGs by SAO in place of Cheques, Vijayawada To suitability of airport, for this a joint - Karnool inspection shall be conducted at Kurnool Vijayawada- airport and input from DGCA regarding 2 Karnool performance of SAO. lf, up-gradation I Fixed-wing ] cost of Kurnool Airport is found lNR 50 Crores or more, SAO has to deposit the Additional performance Guarantee for !NR 1.00 Crore. Hyderabad To Letter of lntent is subject to submission M/s Prakasam Barrage(W) of BGs by SAO in place of Cheques, Turbo suitability of airport, for this a joint Prakasam Barrage(W) Aviation Hyderabad inspection shall be conducted at - To Hyderabad Private Prakasam Prakasam Barrage (W) airport and input Limited 3 Barrage(W) - from DGCA regarding performance of Hyderabad SAO. lf, up-gradation cost of Parkasam I Fixed-wing ] Barrage (W) is found INR 50 Crores or more, SAO has to deposit the Additional performance Guarantee for INR 1.00 Crore. ChennaiTo Ramnad Letter of lntent is subject to submission of BGs by SAO in place of Cheques, Ramnad To Chennai suitability of airport, for this a joint Chennai - inspection shall be conducted at Ramnad Ramnad airport and input from DGCA regarding 4 - Chennai performance of SAO. ll up-gradation I Fixed-wing ] cost of Ramnad Airport is found INR 50 Crores or more, SAO has to deposit the Additional performance Guarantee for !NR 1.00 Crore.

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