The government stated no policy prevents airport operators from holding airline equity. However, existing contracts may restrict such cross-ownership arrangements. Airports Authority of India received a waiver request for these contractual restrictions. This request is currently under examination by the Ministry of Civil Aviation. Incumbent airlines have voiced concerns about potential conflicts of interest.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.
