Airlines in India have “limited freedoms” to operate as true commercial businesses and the country is a challenging market for the carriers despite the huge aviation potential, according to global airlines’ grouping IATA.
The comments from the International Air Transport Association (IATA), which has nearly 290 airlines as members, also comes at a time when Jet Airway has temporarily closed down its operations due to cash crunch.
Jet Airways is also a member of the IATA.
Albert Tjoeng, Assistant Director of Corporate Communications (Asia Pacific) at the IATA, said that while the aviation potential of India is huge, it is a challenging market for airlines.
