Flydubai also keen on investing in Indian carrier

Flydubai has become the latest Gulf carrier to put the word out that it would be open to an investment in a viable Indian carrier should the opportunity arise.


Flydubai also keen on investing in Indian carrier


Flydubai has become the latest Gulf carrier to put the word out that it would be open to an investment in a viable Indian carrier should the opportunity arise. “The focus from shareholders is to grow the airline in Dubai and right now we have no mandate to go outside. But we have a dialogue with Indian airlines all the time. If we find a good opportunity, we will consider it. We will then go and seek approval from the shareholders,” CEO Ghaith Al Ghaith told India’s Business Standard. The Dubai-based LCC’s Indian network currently consists of Ahmedabad, Delhi Int’l, Hyderabad Int’l, Kochi Int’l, Lucknow and Thiruvananthapuram.

Etihad Airways recently completed its acquisition of a 24 per cent stake in Jet Airways with rival Gulf carrier, Qatar Airways said to be looking at the possibility of shareholding in either Spicejet or Indian rival IndiGo Airlines.