New Delhi: With the government actively considering allowing foreign airlines to pick up equity in an Indian carrier, Dubai-based Emirates group today said it was "open" to investing in India.
"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 here.
Finance Minister Pranab Mukherjee, while presenting the budget, had said the Government was "actively considering" allowing foreign airlines to acquire a 49 per cent stake in domestic airlines. Kingfisher promoter Vijay Mallya had lobbied hard with the government on the issue.
Asked whether the issue of allowing more flights between the two countries was discussed, Maktoum felt there was a lot of scope in allowing more flights into India. "It will help the economy of both countries," he said.
The Civil Aviation Minister said that the issue of increasing flights was discussed. "In the next six months, Indian carriers will utilise their capacity. Then, we will talk," Singh said.
22/03/12 PTI/Times of India
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