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Adani Group Eyes Airline Launch Amidst Rule Change
23 Jul
Summary
- Adani Group wants rule changes for airport operators.
- This would allow the conglomerate to start its own airline.
- The request was made to the Indian government.
Adani Group has formally approached the Indian government with a request to amend a regulatory clause. This clause currently prevents entities that operate airports from holding equity in airline companies.
The potential rule change would grant Adani Group the ability to establish its own airline. This development was reported on Thursday, with sources citing government officials and company executives familiar with the matter.
Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
