Adani Group Denies Report of Plans to Start Airline
Author: CNBC-TV18 Markets·
Key Takeaways
- •Adani Group said it is not evaluating any proposal to start an airline.
- •The denial was issued in a statement on Thursday.
- •The company dismissed recent media reports and market speculation about an aviation entry.
- •Adani Group did not provide any additional details beyond its denial.
Adani Group has denied a report suggesting that it was planning to enter the airline business.
In a statement issued on Thursday, the conglomerate said it is not evaluating any proposal to start an airline, dismissing recent media reports and market speculation. The denial leaves the report unconfirmed and puts the focus back on the company’s stated position rather than on any possible expansion into aviation.
The company did not provide any additional details beyond its denial.
