From The Economic Times · PTI · · 1m
India's airport operators to test airline ownership plans
Government evaluates airport operators' airline stakes proposal for balanced aviation growth
In brief
Government evaluates airport operators' airline stakes proposal for balanced aviation growth India needs at least five airlines with 100 aircraft each to meet travel demand by 2047 Originally reported by The Economic Times.
Government assesses airline ownership plan
Civil Aviation Minister Rammohan Naidu said the government will evaluate airport operators' airline stakes proposal to ensure balanced aviation growth.
“So, it is important for us to plan not only for the aspirations today, but for Viksit Bharat 2047 also”
India needs five airlines with 100 aircraft
The government aims for at least five airlines operating with 100 aircraft each to meet current and future travel demand.
350+ airports target by 2047
Minister Naidu stated India should ideally have more than 350 airports to support regional connectivity.
No restrictions on airline ownership
Airport operators can own airlines without violating OMDA agreements except for Delhi and Mumbai airports.
Adani Group stake inquiry
The government confirmed the need for more airlines as the Adani Group seeks to own airline stakes.
What it means
India needs at least five airlines with 100 aircraft each to meet travel demand by 2047
