Emirates Airline has said that it will not invest in any of the Indian domestic passenger carriers and that it will grow its operational organically in India, report The Hindu.
Essa Sulaiman Ahmad, vice president, India and Nepal for Emirates said: “We at Emirates believe in growing our business organically. Adding that there are no plans to invest in any of the Indian passenger carriers by the Dubai-based airline.
Analyst Saj Ahmad commented: “The beating heart of Emirates' international expansion for the last 20 years or more has been based on organic expansion. As big a market as India claims to be, it is still highly immature, underdeveloped and nearly every Indian airline loses money and its little wonder that Emirates isn't at all interested in buying or investing here.”
18/09/14 Arabian Aerospace
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Essa Sulaiman Ahmad, vice president, India and Nepal for Emirates said: “We at Emirates believe in growing our business organically. Adding that there are no plans to invest in any of the Indian passenger carriers by the Dubai-based airline.
Analyst Saj Ahmad commented: “The beating heart of Emirates' international expansion for the last 20 years or more has been based on organic expansion. As big a market as India claims to be, it is still highly immature, underdeveloped and nearly every Indian airline loses money and its little wonder that Emirates isn't at all interested in buying or investing here.”
18/09/14 Arabian Aerospace
