New Delhi: India's proposal to auction air traffic rights could be anti-competitive and result in concentration of the market in a few powerful hands, global airlines body International Air Transport Association (IATA) warned on Thursday.
Emphasising that such a proposal, made in the draft civil aviation policy, has never been heard of before, IATA Director General Tony Tyler said the consequences of auctioning traffic rights would be very hard to predict.
Additionally, the IATA has flagged concerns about proposed 2% levy on air tickets to fund regional connectivity and the plan to use dual or multiple till for deciding airport charges, in the draft policy.
The Civil Aviation Ministry, which came out with the draft policy last October, is in advanced stages of finalising it after taking into account suggestions from the stakeholders.
About proposed auctioning of traffic rights, Tyler said he has never heard of it before, adding that it was something no country does.
10/3/16 PTI/Business Standard
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Emphasising that such a proposal, made in the draft civil aviation policy, has never been heard of before, IATA Director General Tony Tyler said the consequences of auctioning traffic rights would be very hard to predict.
Additionally, the IATA has flagged concerns about proposed 2% levy on air tickets to fund regional connectivity and the plan to use dual or multiple till for deciding airport charges, in the draft policy.
The Civil Aviation Ministry, which came out with the draft policy last October, is in advanced stages of finalising it after taking into account suggestions from the stakeholders.
About proposed auctioning of traffic rights, Tyler said he has never heard of it before, adding that it was something no country does.
10/3/16 PTI/Business Standard
