IndiGo opposes more say for airport operators in airlines
IndiGo promoter Rahul Bhatia opposes allowing airport operators to own and run airlines, citing conflict-of-interest concerns.
The government is considering diluting provisions that prevent operators of Delhi and Mumbai airports from owning more than 10% stake in a scheduled airline.
Adani Group (Mumbai airport operator) and GMR Group (Delhi airport operator) may invest in airlines under the proposed move.
Interglobe Aviation's shares fell on investor concerns that IndiGo could lose market dominance.
The Competition Commission of India seeks public comments on IndiGo's proposal to release domestic slots after its December schedule collapse.
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