Air India Chief Cautions on Liberalisation of Bilateral Flying Rights
Air India CEO Campbell Wilson emphasized the need to moderate the liberalization of bilateral flying rights to protect investments by Indian airlines. Despite India's booming aviation market, excessive liberalization could harm domestic stakeholders. Wilson highlighted the significance of pacing liberalization to support local investment and growth in aviation.
- Country:
- India
Air India CEO Campbell Wilson cautioned against excessively rapid liberalization of bilateral flying rights, warning it could undermine the investments made by Indian airlines and other aviation sectors.
Addressing a conference in the national capital, Wilson emphasized that while India is a rapidly expanding civil aviation market, too much liberalization could disrupt the investment strategies of local carriers who are heavily investing in modern wide-body aircraft.
Highlighting the potential repercussions, Wilson stressed the importance of balancing liberalization to safeguard domestic stakeholders and maintain the benefits to manufacturing, tourism, and infrastructure development facilitated by controlled air connectivity expansion.
ALSO READ
-
Air India Navigates Turbulence: Aiming for the Skies Despite Uncertainties
-
Air India's Ambitious Fleet Overhaul: Modernization on the Horizon
-
World in Focus: From Air India Reforms to Geopolitical Shifts
-
Air India CEO Pledges Change Post-Accident
-
Unraveling the Tragedy: Air India's June Crash Investigation Under Scrutiny