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ADANI TO OWN AIRLINES
Tata chair N Chandrasekaran’s exit leaves $120 billion spending ambition in limboTata Group is facing a leadership and strategy reset after N Chandrasekaran’s decision to step down as Tata Sons chairman, putting the cong...- Centre says no policy bars airport operators from owning airlines, confirms AAI receiving waiver requestThe government stated no policy prevents airport operators from holding airline equity. However, existing contracts may restrict such cross...
- Adani Group 'lying brazenly' to stock exchanges: Mahua Moitra over group's alleged airline plansA purported June 4 letter from Adani Airports to the Airports Authority of India (AAI) seeks a waiver that would allow Adani Defence & Aero...
- Allowing airport operators to own and run airlines is logical, says Akasa CEO Vinay Dube as airline turns fourAkasa Air CEO Vinay Dube supports airport operators owning airlines, which IndiGo opposes. The airline is seeking significant funding amid ...
- Akasa Air backs plan to let airport operators own airlines: CEO Vinay DubeAkasa Air's CEO supports airport operators owning airlines, emphasizing India's need for more aviation competition. He is confident the gov...
- Adani Airports advances in race to buy Italy's Catania airport stake: ReportAdani Airport Holdings has reached the second bidding round for Italy's Catania airport. Ten global operators and investors are competing f...
- Air India's stumble creates a bigger problem than aviation duopolyTata's Air India faces major losses and market share decline. The airline's turnaround is a decade-long endeavor due to legacy issues. Glob...
- Boarding call: Can Adani succeed where so many airlines have failed?Adani Group's potential airline entry could reshape India's aviation industry, but challenging the IndiGo-Air India duopoly will demand yea...
- Adani shows interest to start airline in letter; denies plans in stock exchange filingAdani Airports seeks a waiver to operate an airline alongside its airport holdings. The conglomerate is evaluating airline participation to...
- Adani Enterprises denies plans for airline after reports of aviation pushAdani Enterprises has denied reports about launching a commercial airline. The company stated these claims were entirely baseless and factu...
- Cross-ownership could create conflict of interest, says IndiGo MD; airline posts Rs 382 crore Q1 loss despite 20% revenue growthIndiGo warns against airport operators owning airlines, citing a massive conflict of interest. The airline reported a significant quarterly...
- 'Massive conflict of interest' if airport operators allowed to own airlines: IndiGo MD Rahul BhatiaIndiGo's Rahul Bhatia stated airport operators owning airlines creates massive conflict of interest. He noted this situation lacks global p...
- Adani's nuclear power ambition hinges on a green lightAdani Power awaits government rules for private nuclear sector entry. The company plans ten gigawatts of nuclear capacity by twenty thirty-...
- A look at billionaire Adani's businesses as he weighs starting an airlineGautam Adani's conglomerate is exploring a new airline venture. The group already operates eight airports across India. Adani Ports manages...
- Adani seeks clearance to own airlineAdani Group seeks to dilute a clause preventing airport operators from holding airline stakes. This change would enable the conglomerate to...
- India weighs letting airport owners Adani, GMR run own airlines to curb duopolyIndia is discussing a policy shift to permit airport operators to own airlines. This change could allow Adani Group and GMR Airports to est...
- Air India Express set to open bookings for inaugural international flight to Abu DhabiAir India Express is poised to launch international flights from the new Navi Mumbai Airport to Abu Dhabi on July 15, marking a significant...
- China firm secures Kenya Airport revamp deal after Adani falloutKenya has awarded a $2.9 billion airport upgrade contract to China Communications Construction Co., two years after canceling a deal with I...
- Adani-owned Mangaluru airport seeks user-fee hikeThe airport in its latest tariff filing has sought to levy a UDF of Rs 250 on domestic passengers starting this October, and gradually incr...
- Gautam Adani's conglomerate mulls bidding for Air IndiaAccording to highly placed sources, the group has held internal rounds of deliberations on whether or not to submit an Expression of Intere...
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