Mumbai: Sharjah-based low-cost carrier Air Arabia has said it will not rush to invest in the troubled Indian airline sector.
"We don't want to rush into buying or investing in a market that we are not expert of. Operating from UAE to India and back is one thing and picking up stake here is another, as we don't have the required expertise," Air Arabia board member and group chief executive Adel Abdullah Ali said.
"One needs to look at the policy framework in detail and understand what it exactly offers."
But Ali was quick to add that India is a good business opportunity, and global airlines may look at it in future.
Air Arabia connects 80 destinations across the Middle East, Africa, Asia and Europe.
05/11/12 Indian Express
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"We don't want to rush into buying or investing in a market that we are not expert of. Operating from UAE to India and back is one thing and picking up stake here is another, as we don't have the required expertise," Air Arabia board member and group chief executive Adel Abdullah Ali said.
"One needs to look at the policy framework in detail and understand what it exactly offers."
But Ali was quick to add that India is a good business opportunity, and global airlines may look at it in future.
Air Arabia connects 80 destinations across the Middle East, Africa, Asia and Europe.
05/11/12 Indian Express
