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Virgin Group to talk on Indian airlines stakes

New Dheli, India - The government of the country is ready to allow the entry of foreign carriers into local market

Virgin Group is talking with the Indian airlines about taking a stake in some carriers. "We are planning to do a lot in India", the billionaire Richard Branson remarked: he is being planning to entry into local domestic airlines. Branson owns 51 per cent of Virgin Atlantic Airways, while just the Indian Singapore Airlines holds the remaining 49 per cent. The last August, the Indian low-cost Air Deccan...

AVIONEWS - World Aeronautical Press Agency - 107807

AVIONEWS - World Aeronautical Press Agency
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