New Delhi, March 06, 2018: Air India’s divestment should come with liberal terms for allowing more in-bound international flights to create a healthy competitive environments, a top aviation official said today.
Given the full-fledged commercial operations with international competition from major airlines, Air India should match in profits its competitors such as Singapore Airlines, Binit Somaia, director for South Asia at the Sydney-based Centre for Aviation (CAPA) said.
“If Air India is privatised, the policy setting rules will improve,” said Somaia here.
Air India has strong fundamentals, a fleet of about 150 aircraft, well established international routes and slots at airports, he said at the CAPA Global low cost carrier Summit held in Singapore from March 1-3.
“Also, India has the geographical location to be a major global hub,” he believes.
But he feels that national carrier’s divestment should also come with liberal terms, allowing more in-bound international flights for a creating a healthy competitive environments.