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A key proposal by three of the conglomerate’s airports has been turned down by authorities. There are also concerns about corporate governance and profiteering at the expense of flyers.

From airspace closures to fuel shocks, external factors expose deeper vulnerabilities at the Tata Sons-Singapore Airlines carrier.
Nearly four years after the unsavoury incident that created a national furore, the alleged offender’s life has come undone. He has been defeated by a system that does not deem him worthy of transparency or a chance at finding closure.
The Adani group plans to spend Rs 1 lakh crore over the next five years to develop its airport business. While everything—including the funding—is sorted, a prolonged war could disturb the math.