Government to Assess Airport Operators’ Airline Ownership Proposal, Says Aviation Minister Rammohan Naidu

Centre to take a call on airport operators owning airlines

The government is evaluating airport-airline cross ownership to ensure a balanced approach amidst growing interest from operators like Adani Group.

‘Weighing pros & cons of allowing airport operators to run airline: Naidu'

Govt is weighing the pros and cons of allowing Adani Group, which operates Mumbai Airport, to run an airline. Recently the Adani Group had sought amendment to the same.

Will weigh all pros and cons of cross-ownership of airports, airlines: Aviation Minister Naidu

Naidu’s comments at an industry event came in response to a question on whether the government had decided on the Adani group’s request for a waiver from cross-ownership restrictions as it was evaluating participating in the airline business

Government to assess airport operators’ airline ownership proposal, says Aviation Minister Rammohan Naidu

The government will assess the “pros and cons” of allowing airport operators to own stakes in airlines and adopt a balanced approach, Civil Aviation Minister K Rammohan Naidu said. He stressed the need for more airlines to meet rising travel demand, while noting that no decision has been taken on the proposal. Naidu also said India should aim for more than 350 airports and at least five airlines operating 100 aircraft each.

‘Weighing pros & cons of allowing airport operators to run airline: Naidu’

The Delhi and Mumbai airports went the PPP way in 2006 and their “operation, management and development agreement” (OMDA) does not allow the operators to have beyond 10% stake in an airline. NEW DELHI: Govt is weighing the pros and cons of allowing Adani Group, which operates Mumbai airport, to run an airline. The Delhi […]