India's IndiGo sees Tata as 'formidable competition' after Air India deal
The Hindu
IndiGo controls more than half of the Indian domestic market but its international operations are far smaller than Air India's
India's largest airline IndiGo expects Tata Sons to be "formidable competition" once the conglomerate finalises its $2.4 billion from the government, the budget airline's chief executive said.
Tata also owns a majority stake in Vistara, a premium joint venture with Singapore Airlines Ltd., as well as budget airline AirAsia India.
"I see them as formidable competition but I welcome them. It is a sensible thing," IndiGo CEO Ronojoy Dutta told a CAPA Centre for Aviation event on October 13, in a pre-recorded interview.
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