Tuesday, May 30, 2006

Check mergers of airlines: Parliamentary Committee

New Delhi: Apprehending the "monopolistic situations" in the wake of the acquisition of Sahara Airlines by Jet Airways, a Parliamentary Committee has said there was a need to 'check the trend'.
"Of late there have been changes in the strategy of private airline operators by way of consolidation of their operations.....these conditions can lead to a monopolistic situation in the civil aviaton sector and there is a need to check this trend," the Committee on Tourism, Culture and Transport, chaired by Rajya Sabha MP Sitaram Yechury, said in its report tabled in the Parliament.
The committee said, while formulating the new civil aviation policy, all consequences of mergers of airlines, including the matter of reallocation of infrastructural facilities at airports should be addressed properly.
29/05/06 PTI/The Hindu
To Read the News in full at Source, Click the Headline

0 comments:

Post a Comment