"Bold decisions taken by the government. Fantastic to restore confidence and kick start economic growth..."
“We welcome any policy initiated by the government.”
“There have been preliminary discussions to check in principle whether there is interest on both sides and the confirmation there would be ‘yes there is’
Capt. Gopinath, MD, Deccan Aviation
"I hope the government will not step-back as it had done in the case of the retail sector. The government has shown resolve to silence the harping on indecisiveness. I think it will be very good for customer as it will allow new airlines to enter the fray and increase the competition, provide more choice and offer competitive fares".
Aviation minister Ajit Singh
"The airline sector is facing serious financial stress and banks are not willing to give any more working capital loans. Now the mood will change and airlines can look forward to funding internally and externally"
"Even in a worst case scenario during this global slowdown, our growth rate won't be below 5%. The aviation ministry is pushing ahead with major reforms and we have asked the finance ministry to declare jet fuel as a notified good to rationalize its price"
"The current downturn is temporary. Indian aviation, in the long run, has a great future and we are laying the path for that."
President, Emirates Airlines Tim Clark
“We are looking, we are very interested in civil aviation in India but we are not getting involved in investment with some of their carriers.”
CEO, British Airways Willie Walsh
“As long as the Indian government continues to provide support for Air India, it distorts the market, it distorts competition, it creates uneven playing field and I can't see how many airlines would be interested in investing while the market continues to be like that"
“We see equity as a positive reflection of our partnership approach; we will make such investment where we believe the commercial prospects are strong, where we see like-minded business philosophies and where we believe such commitment will be welcomed."
"Not interested" in any investment in any Indian carrier
source : Mint, TOI, FirstPost, Hindu, MoneyControl, Ibnlive, ET