Some, like Jet Airways, have filed for bankruptcy process while others, like the government-owned Air India, are in heavy debt.
that New Delhi could be open to selling a partial stake in the airline to a foreign competitor.
"I think it's time we made the structural changes that are required in aviation and made Indian aviation competitive with our peers around the world," he said. That includes ensuring India's aviation fuel costs, import duties and airport charges are on par with other countries in the region. If that happens, aviation can give a boost to tourism and the economy, Singh added.
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