Adani shows interest to start airline in letter; denies plans in stock exchange filing

Adani Airports seeks a waiver to operate an airline alongside its airport holdings. The conglomerate is evaluating airline participation to bridge connectivity gaps in smaller cities. This move aims to address systemic risks from a concentrated airline market. Existing airlines express concerns about potential conflicts of interest and consumer impact. The group's strategy aligns with plans for an aircraft manufacturing facility. Synopsis Adani Airports seeks a waiver to operate an airline alongside its airport holdings. The conglomerate is evaluating airline participation to bridge connectivity gaps in smaller cities. This move aims to address systemic risks from a concentra... [4496 chars]