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Emirates open to picking up stake in airline in India
Emirates Airline said on Friday that it is willing to consider picking up a stake in an airline in India if the Government relaxes investment norms for foreign airlines.
Emirates Airline said on Friday that it is willing to consider picking up a stake in an airline in India if the Government relaxes investment norms for foreign airlines.
`Open-minded'
"Emirates is open minded on acquisition opportunities," Mr Nabil Sultan,Emirates Airline Senior Vice-President for Commercial Operations, West Asia & Indian Ocean, told presspersons.
"As and when opportunities arises, we will take appropriate business decision," he said.
Emirates has a code share agreement with Jet Airways and has a joint venture with Sri Lankan.
He said the current fares of Emirates are at least 20 per cent lesser than what they were a year ago. Over the last one year, the airline has also added 6,000 seats from India, he added.