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No plans to invest in any Indian airline: Emirates
No Plans to Invest in Any Indian Airline: Emirates. Dubai-based Emirates Airlines on Wednesday said that it will not invest in any Indian airline but will instead grow its operations organically in India.
New Delhi: Dubai-based Emirates Airlines on Wednesday said that it will not invest in any Indian airline but will instead grow its operations organically in India. "We at Emirates believe in growing our business organically," Essa Sulaiman Ahmad, vice president, India and Nepal for Emirates said, adding that there are no plans to invest in any of the Indian carriers. Currently, the Dubai-based airline flies to 10 Indian destinations with a frequency of 185 flights per week. Last year, Abu Dhabi-based Etihad Airways invested in Jet Airways by buying out a 24 per cent stake for Rs 2,069 crore ($380 million). After the transaction Etihad has been expanding its operations in India and giving tough competition to other airlines with its partner Jet Airways. Both the airlines are doling out offers to attract flyers.
