BackIndiGo in talks with British Airways for alliance: WSJ
Airlines are exploring synergies on airline routes, such as codeshare agreements, according to the report
Premium(Discussions also included a possible investment by British Airways’ parent International Consolidated Airlines Group SA, in Interglobal Aviation Ltd which owns IndiGo, the newspaper said.)
IndiGo, the country’s largest airline, is discussing a possible alliance with UK’s British Airways Plc, The Wall Street Journal reported, citing people familiar with the matter.
The airlines are in talks regarding synergies on airline routes, such as codeshare agreements in which one airline can sell tickets on its partner’s flights, two of the people told the Journal.
Discussions also included a possible investment by British Airways’ parent International Consolidated Airlines Group SA, in Interglobal Aviation Ltd which owns IndiGo, the newspaper said.
India recently approved a policy which allows foreign carriers to pick up a maximum of 49% equity in their Indian counterparts.
Etihad Airways P.J.S.C., seeking to widen operations in India and other Asian markets, is in the final stages of talks to take a stake in Jet Airways (India) Ltd, according to media reports.
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