Former Union minister Prithviraj Chavan of the Congress on Monday said the growing monopoly in the aviation sector poses a “serious threat” to economy and affects passenger interest, and demanded crisis-hit IndiGo be split into two companies to ensure fair competition. Talking to reporters here, Chavan noted only two major players now dominate India’s air travel — IndiGo with 65 per cent market share and the Tata Group (Air India and AI Express) with nearly 30 per cent pie. “In 2004, India had 10 functional airlines, but today only two big companies are left. Nearly 40 crore passengers and just two airlines — this situation will become more serious in the future,” the former Maharashtra Chief Minister cautioned. Calling the current crisis at IndiGo, which has seen widespread flight disruptions over the last one week, “unfortunate and shocking”, the Congress leader maintained the situation was a result of regulatory lapses and alleged collusion between the government and private .​Former Union minister Prithviraj Chavan of the Congress on Monday said the growing monopoly in the aviation sector poses a “serious threat” to economy and affects passenger interest, and demanded crisis-hit IndiGo be split into two companies to ensure fair competition. Talking to reporters here, Chavan noted only two major players now dominate India’s air travel — IndiGo with 65 per cent market share and the Tata Group (Air India and AI Express) with nearly 30 per cent pie. “In 2004, India had 10 functional airlines, but today only two big companies are left. Nearly 40 crore passengers and just two airlines — this situation will become more serious in the future,” the former Maharashtra Chief Minister cautioned. Calling the current crisis at IndiGo, which has seen widespread flight disruptions over the last one week, “unfortunate and shocking”, the Congress leader maintained the situation was a result of regulatory lapses and alleged collusion between the government and private . ​Latest News [ SOBAN NEWS: International and National ]
