TIL Desk/Business/New Delhi/ Budget passenger carrier IndiGo on Thursday said that it is interested in acquiring the national passenger carrier Air India’s international operations. However, it is not keen on going in for a joint venture (JV) with the government.
According to Rakesh Gangwal and Rahul Bhatia, founders of IndiGo, the budget airline is interested in Air India’s international operations and that of its low-cost international subsidiary Air India Express.
However, Gangwal made it clear that IndiGo would not be “interested” in forming a JV with the government to acquire Air India. Gangwal and Bhatia were speaking at a conference call with analysts and investors.
“We are interested in the airline operations of Air India. And more specifically, we are focused narrowly on Air India’s international operations and Air India Express,” Bhatia said.
“On the other hand, if the government of India decides to sell all of Air India’s airline operations and, I emphasize ‘airline operations’, to a single entity and not carve out the international operations, we would still be interested in exploring that option.”
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