India weighs letting airport owners Adani, GMR run own airlines to curb duopoly

•India is considering a policy change to allow airport operators to own and run airlines, potentially benefiting companies like Adani Group and GMR Airports.

•Current rules restrict airport operators' airline ownership stakes to 10% or less, but a relaxation of these rules could allow them to own carriers.

•The policy change aims to increase competition in the market, where IndiGo and Air India control nearly 90% of domestic capacity.

•The Adani Group and GMR Airports could benefit from the change, as they operate several airports and have a significant presence in India's infrastructure landscape.

•The policy change would require legal clearance from the law ministry and approval from the federal Cabinet led by Prime Minister Narendra Modi.