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Letter to BS: Rules curbing airline stakes in airports should be reviewed

Let the 2006 agreement between AAI and GMR be amended soon

Topics
Letter to BS | Airports Authority of India | Competition Commission of India

Business Standard 

Compliments for your editorial “Clearing the air” (October 4).

The Airports Authority of India (AAI) seeking the solicitor general's opinion — on essentially a non-issue — is indeed for the sake of "abundant caution", to protect against the remote possibility of someone raking up the issue 10 years from now. The matter is very clear from all angles: (a) the ultimate authority, the Competition Commission of India (CCI), has cleared it; (b) post investment by the Tata group in GMR Airports (GAL), the former's stake in DIAL will be only 12.8 per ...

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First Published: Sun, October 06 2019. 21:04 IST
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