NEW DELHI: The Adani Group has denied any plans to enter the airline business. An Adani Enterprises Limited spokesperson said on Friday: “We would like to categorically deny the recent media reports and market speculation suggesting that Adani Enterprises is planning to launch an airline. These reports are entirely baseless and factually incorrect. Adani Enterprises is not evaluating any proposal to enter the airline business.”The statement comes amid govt being reportedly being uncomfortable with a country of the size and economic potential of India having a duopoly of airlines — IndiGo and Tata’s Air India group. Akasa is also coming up in a big way. However, the West Asia crisis coupled with other India-specific issues like closure of Pakistan airspace and the rupee’s relentless crash have made things tougher for airlines here than they are for carriers globally. Both IndiGo and AI Group have slashed flights due to escalating operational costs. Smaller players like SpiceJet are struggling to survive.In this context, India is considering ways to make it easier to launch new airlines. One of these steps reportedly were allowing the operators of India’s busiest airports — Delhi and Mumbai — to hold more than 10% stake in airlines. The GMR and Adani groups run these two hubs, respectively. Both these conglomerates have major presence in aviation that goes beyond just running airports as they have maintenance, repair overhaul (MRO) and other businesses.The Adani Group has tied up with Embraer to make-in-India regional jets. However, the Brazilian aerospace company has linked setting up and operationalising the proposed final assembly line (FAL) to getting a firm order of at least 200 jets. Dholera in Gujarat has been selected as the site for this proposed FAL.Billionaire Gautam Adani-led conglomerate is the biggest private airport operator in India (in terms of number of airports). It operates hubs in Mumbai, Navi Mumbai, Ahmedabad, Lucknow, Jaipur, Guwahati, Mangalore and Thiruvananthapuram.Get the latest India News and Live updates. Download the TOI app.End of ArticleFollow Us On Social MediaVideosCJP Protest: Injured Protester Returns, Another Searches For Missing StudentIndia Conducts Maiden Flight Test Of Long-Range ‘Kusha’ Air Defence Missile SystemWhere Are CJP Leaders? Questions Rise Over Jantar Mantar Protest Management Amid Clashes, Heckling”Sent Four Proposals”: Govt Reaches Out To Protesters, Jitendra Singh Calls For DialogueFree Food, First Aid, Sanitary Pads: What’s Keeping the CJP Protest Going | Jantar MantarPriyanka Gandhi Targets PM Modi Over Student Protests, Says ‘Students Are Not Terrorists’Houses of Two ‘Pak Sponsored’ Militants Demolished Overnight After Deadly Attack In AnantnagWhy The Indian Army Says The Siliguri Corridor Is No Longer A “Chicken’s Neck”?Tehseen Poonawalla Alleges “Gadkari’s Son Got Richer” Over E20 Fuel Policy37,000 Lives Lost On Known Highway Death Traps In 3 Years: Who Is Responsible?123PhotostoriesFrom Masala Chai to Lassi: The calorie guide to India’s most popular traditional drinks5 hidden signs of heart failure US cardiologist flags to watch for10 Fragrant indoor plants that will make your home smell naturally freshBest Indian breakfast to control your blood sugar: Don’t like oats? Here’s what diabetes specialist Dr V Mohan recommendsWhy are more healthy young adults getting cancer? Dr Siddhartha Mukherjee’s eye-opening answer to Oprah is making people think differentlyUsing a microwave? Here are 5 common mistakes you need to stop making today and whySreeleela’s emerald green saree is what happens when royal romance meets timeless fashionMeet the ‘vampires’ of the Amazon: Animals that survive by drinking blood10 gender-neutral baby names that are growing in popularity around the worldThe secret history of 5 Indian bridal fashion traditions that never went out of style123Hot PicksSchool holiday todayDelhi metroCJP ProtestMumbai rainGujarat RainJPSC recruitmentNEET paper controversyAAI recruitment 2026Caitline ClarkTop TrendingOba FemiOsmania UniversityLi MeizhenConor McGregorCube Sprite in FortniteSamras Vidya Setu campaignSupreme CourtZlatan ibrahimovicHarbhajan singhIND U19 vs Sri Lanka U19
NEW DELHI: The Adani Group has denied any plans to enter the airline business. An Adani Enterprises Limited spokesperson said on Friday: “We would like to categorically deny the recent media reports and market speculation suggesting that Adani Enterprises is planning to launch an airline. These reports are entirely baseless and factually incorrect. Adani Enterprises is not evaluating any proposal to enter the airline business.”The statement comes amid govt being reportedly being uncomfortable with a country of the size and economic potential of India having a duopoly of airlines — IndiGo and Tata’s Air India group. Akasa is also coming up in a big way. However, the West Asia crisis coupled with other India-specific issues like closure of Pakistan airspace and the rupee’s relentless crash have made things tougher for airlines here than they are for carriers globally. Both IndiGo and AI Group have slashed flights due to escalating operational costs. Smaller players like SpiceJet are struggling to survive.In this context, India is considering ways to make it easier to launch new airlines. One of these steps reportedly were allowing the operators of India’s busiest airports — Delhi and Mumbai — to hold more than 10% stake in airlines. The GMR and Adani groups run these two hubs, respectively. Both these conglomerates have major presence in aviation that goes beyond just running airports as they have maintenance, repair overhaul (MRO) and other businesses.The Adani Group has tied up with Embraer to make-in-India regional jets. However, the Brazilian aerospace company has linked setting up and operationalising the proposed final assembly line (FAL) to getting a firm order of at least 200 jets. Dholera in Gujarat has been selected as the site for this proposed FAL.Billionaire Gautam Adani-led conglomerate is the biggest private airport operator in India (in terms of number of airports). It operates hubs in Mumbai, Navi Mumbai, Ahmedabad, Lucknow, Jaipur, Guwahati, Mangalore and Thiruvananthapuram.
