flydubai expresses interest in investing in Indian carriers

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By TESTCustomwebLP TESTCustomwebLP June 12, 2014 14:18

flydubai expresses interest in investing in Indian carriers

Dubai-based LCC flydubai has announced it will consider looking for Indian carriers to invest in as an expansion strategy into the Indian market.

flydubai already operates to several destinations in India, and has expressed a desire to expand further after the example set by other Middle-Eastern airlines such as Etihad and Qatar Airways, who both own stakes in Indian carriers.

flydubai CEO Ghaith Al Ghaith said: “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.”

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By TESTCustomwebLP TESTCustomwebLP June 12, 2014 14:18
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