What Happened
Regulatory Shortcomings Exposed In World's Third Largest Domestic Market
India’s aviation sector is facing a harsh reality check amid safety concerns and regulatory shortcomings. A series of crises at Air India and IndiGo, including a recent incident where a pilot tested positive for marijuana, has exposed the lack of competition and safety culture in the world’s third-largest domestic aviation market. The sector is also struggling financially due to geopolitical shocks and rising fuel prices, with Indian carriers expected to lose nearly $4 billion this fiscal year. According to The Straits Times, the government is examining proposals to relax rules and attract investors, but experts say more comprehensive reforms are needed to address the sector’s problems.