Wires

India may ask carriers for business plan ahead of plane buys

NEW DELHI, Oct 9 (Reuters) - India proposes to ask airlinesto provide detailed business plans three years before theypurchase planes, the country's aviation minister Ajit Singh saidon Tuesday.

Indian carriers have suffered losses and struggled with lowload factors as increasing capacity forced them to offerbelow-cost fares.

(Reporting by Anurag Kotoky; Editing by Anand Basu)

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Keywords: INDIA AVIATION/PLANES