World & BusinessIndia to assess allowing airport operators to own stakes in airlines
The Economic Times reports that Civil Aviation Minister K Rammohan Naidu said no decision has been taken; the government will weigh the proposal’s pros and cons.
TLDR
The Economic Times reports that Civil Aviation Minister K Rammohan Naidu said the government would assess allowing airport operators to own airline stakes and take a balanced approach. No decision has been taken, he said. Naidu stressed the need for more airlines to meet rising travel demand and said India should aim for more than 350 airports and at least five airlines operating 100 aircraft each.
India to assess allowing airport operators to own stakes in airlines
The Economic Times reports that Civil Aviation Minister K Rammohan Naidu said no decision has been taken; the government will weigh the proposal’s pros and cons.