Dubai: Emirates airline said it would look at investing in an Indian carrier as the Indian government moves toward opening up to foreign direct investment.
"Anything that is to do with aviation and helps our business… if it is at the right price we will always look at it, but nothing has been happening," Shaikh Ahmad Bin Saeed Al Maktoum, President of Dubai Civil Aviation and Chairman and chief executive of Emirates airline and Group, told reporters yesterday on the sidelines of an aviation conference in Abu Dhabi.
The Indian government has in principle said it will allow foreign carriers to buy a 49 per cent stake in a local carrier, although final word is still awaited.
17/04/12 Shweta Jain/Gulf News
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