The Hindu·3 min read·medium
AAI got request for waiver on airport-airline cross ownership restriction: Govt.
J
Jagriti Chandra
✦AI Summary
The Indian government confirmed that the Airports Authority of India received a request to waive restrictions on cross-ownership between airports and airlines. This follows reports that the Adani Group is seeking such relaxations as it explores entering the aviation sector.
The Airports Authority of India (AAI) has received a request seeking a waiver from provisions that bar cross-ownership of airports and airlines, the government told Parliament on Monday, confirming reports that the Adani Group has sought relaxations as it explores entering the airline business.
businesspolitics
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