Tuesday, 31 December 2019

Etihad Airways tight-lipped on Air India investment speculation - Arabianbusiness

Etihad Airways tight-lipped on Air India investment speculation - Arabianbusiness:

Etihad Airways has refused to comment on speculation linking the Abu Dhabi-based carrier with an interest in troubled Air India.

According to a report in The Economic Times, Etihad and IndiGo, India’s largest airline by market share, have both met with government officials to express an interest in Air India.


The newspaper quotes an unnamed senior government official.

However, an Etihad Airways spokesperson told Arabian Business: “Etihad does not comment on rumour or speculation.”

The Indian government intends to privatise Air India, along with its subsidiary airline Air India Express and other core units, by selling off its 100 percent equity stake in the company.

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