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IAG may invest in Indian airlines if FDI rules relaxed

16-Mar-2011 10:14 AM

International Airlines Group CEO Willie Walsh stated the carrier may consider investing in Indian carriers if foreign direct investment rules are relaxed (Reuters, 15-Mar-2011). “If those (foreign investment) rules change, a lot of airlines, including IAG, would look at whether the opportunity was a good opportunity. But at the moment, we have to wait and see what the government would do,” Mr Walsh stated.