Adani denies plans to enter airline business, calls reports ‘baseless and factually incorrect’

Adani Enterprises has denied media reports that it is planning to establish an airline on Friday, July 24, 2026, according to a statement made by the company. In the statement, Adani said it was not considering any offers to enter the airline business and called the reports “completely unfounded and factually incorrect.”

“We wish to categorically reject recent media reports and market speculations suggesting that Adani Enterprises is planning to launch an airline. These reports are completely baseless and factually incorrect,” he said. “Adani Enterprises is not considering any offer to enter the airline business.” The statement was included.

IndiGo and Air India have opposed Adani Group’s interest in entering the airline business, raising concerns about conflicts of interest and potential competitive erosion; It is learned that the conglomerate has approached the government to remove cross-ownership restrictions that currently limit airline ownership at airports and vice versa.

In response to a question on the matter during an analyst’s call to discuss quarterly results on Wednesday, July 22, 2026, Rahul Bhatia, Managing Director of IndiGo, said “there is no global precedent as this will often lead to a huge conflict of interest and over a period of time it will be against the interest of consumers.”

(With inputs from ANI)