Archive · 30 Jul 2026
Adani Group Eyes Regional Airline Stakes, Not Own Airline
Adani Group, which runs many airports in India, wants to own a small part of regional airlines.
They say they don’t plan to run an airline themselves.
The group sent a letter to the Airports Authority of India asking for rules that would let them own more than 10% of an airline.
Some people, like Rahul Bhatia from IndiGo, worry that this could create a conflict of interest.
Adani’s airports made more money in the first quarter of 2027, but still lost money overall.
The company says its goal is to help regional air travel grow, not to become an airline.
Adani Group is exploring a non‑controlling stake in regional airlines to boost connectivity to its airports, but has no plans to operate an airline.
The group’s CFO clarified that a June letter to the Airports Authority of India sought rule changes to allow airport operators to hold more than 10% in airlines, aimed at supporting regional connectivity.
Adani Enterprises previously denied evaluating any airline business and said it would only hold up to 5% equity in any carrier.
IndiGo co‑founder Rahul Bhatia criticized the idea of airport operators owning airlines, citing a conflict of interest that could hurt consumers.
Adani’s airports business posted a 39% revenue rise in Q1 FY27, but a loss of Rs 194 crore, while passenger traffic grew 3% to 24.2 million.
- Who
- Adani Group, CFO Jugeshinder Singh, IndiGo co‑founder Rahul Bhatia
- What
- Exploring non‑controlling stakes in regional airlines while denying plans to operate an airline
- When
- June 2026 letter and Q1 FY27 earnings (April‑June 2026)
- Where
- India, across Adani airports and regional carriers
- Why
- To improve regional connectivity and support development of regional airlines
- Company
- Adani Group
- CFO
- Jugeshinder Singh
- Stake Interest
- Non‑controlling stake in regional airlines
- Equity Limit
- Up to 5% (rule change sought for >10%)
- Q1 FY27 Revenue
- Rs 3,763 crore
- Q1 FY27 Loss
- Rs 194 crore
