Dubai-based Emirates has said it is "open" to investing in India as the government actively considers allowing foreign airlines to pick up equity in an Indian carrier.
"I am not talking specifically about Kingfisher Airlines ... (but) am open to investment," chairman and chief executive of Emirates Airlines Group, Sheikh Ahmed Saeed Al Maktoum, said after a meeting with Civil Aviation Minister Ajit Singh, Reuters reported.
Finance Minister Pranab Mukherjee has previously said the government was "actively considering" allowing foreign airlines to acquire a 49 per cent stake in domestic airlines.
Asked whether the issue of allowing more flights between the two countries was discussed, Sheikh Ahmed said in comments published by India's Economic Times that he felt there was a lot of scope in allowing more flights into India.
25/03/12 Andy Sambidge/Arabian Supply Chain
To Read the News in full at Source, Click the Headline
0 comments:
Post a Comment