WHY AIRWAYS ARE LESS DEVELOPED IN INDIA?
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WHY AIRWAYS ARE LESS DEVELOPED IN INDIA?
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This rule has stifled competition and meant that in part, Air India has run a quasi-monopoly on the sector. With taxpayers largely funding the airline's losses, new entrants have been unable to compete on price as well, with lower domestic fares meaning that the airline continues to bleed cash, yet stifle competition.