IndiGo sees Tata as ‘formidable competition’ after Air India deal
India’s largest airline IndiGo NSE 2.64 % expects Tata Sons to be “formidable competition” once the conglomerate finalises its $2.4 billion purchase of Air India 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 Wednesday, in a pre-recorded interview.
