AAHL Chief Executive Officer Arun Bansal. (PTI Photo)
\n\nAdani Airport Holdings (AAHL) Chief Executive Officer Arun Bansal on Tuesday ruled out the group's entry into the airline business, saying competing with its own customers would not be a sound business strategy.
\n\n"Never a good strategy to compete with your customers," Bansal said, as reported by PTI. He was responding to a question at Aviation India and South Asia 2026 conference.
\n\nBansal said the company was focused on expanding its airport operations, with significant opportunities arising from the growth of India's aviation market.
\n\nHe added that in this context, AAHL and Adani Group should be segregated. There were reports that the Adani Group is keen to get into the airline business. The group, however, denied such reports.
\n\nFurther, AAHL CEO said the company will participate in the privatisation process for airports.
\n\n"The group currently handles around 100 million passengers annually across its airport network and expects the number to reach 300 million over the next decade," he said.
\n\nBansal said work is on to increase airside capacity at the Mumbai airport and that the renovation of Terminal 1 expected to be completed in early 2030, PTI reported.
\n\nAdani Group's possible entry…
Original source: https://www.timesnownews.com/business-economy