Indian billionaire Adani considering starting an airline, sources say
- The group is still considering its options and no final decision has been taken, the sources said
NEW DELHI: Indian billionaire Gautam Adani’s group is considering launching a new airline, a move that could potentially reshape competition in a market dominated by IndiGo and Air India, said two sources with direct knowledge of the matter.
The group is still considering its options and no final decision has been taken, the sources said, declining to be named as they were not authorised to speak to the media.
The Indian government has been nudging business groups, including Adani, to consider starting an airline due to ongoing scrutiny of Air India since last year’s crash, and market leader IndiGo’s operational challenges that caused widespread air traffic disruptions in December, said the first source.
Adani did not immediately respond to queries from Reuters.
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