Emirates has no plans to invest in an Indian carrier even if the Indian government allows foreign airlines to do so, Tim Clark, president of the Dubai-based airline told HT.
“We are not in talks with any Indian carrier and we have no plans to invest,” he said.
Clark, however said, India has not missed the opportunity of being an aviation hub. “You do not write off India. There are problems. You need a focused approach to civil aviation,” he said.
“The Chinese do it big time and they value what civil aviation is. Obviously you need to get foreign carriers in just as the Chinese carriers need to go out. How come India cannot do the same? With Europe down, you have a great opportunity to pick up, kick-start and get it going.”
Clark said he was disappointed that India had been refusing permission to allow the A380, the world’s largest commercial aircraft, to fly to the country. “They are not going to go away. The 747 (the largest civilian aircraft when it was launched) did not go away. What do you have to fear? India and China are the growth markets of the future. Why would you worry about a few carriers coming with 500-seater aircraft?,” he added.
(The reporter’s travel and stay was arranged by IATA)