RGIA expects a boost with Tatas’ takeover of Air India

GMR Hyderabad International Airport Ltd. (GHIAL), led by GMR Group, said acquisition of Air India (AI) by the Tatas not only brought in the much-needed “financial strength to the airline but also for

GMR Hyderabad International Airport Ltd. (GHIAL), led by GMR Group, said acquisition of Air India (AI) by the Tatas not only brought in the much-needed “financial strength to the airline but also for the entire aviation industry” on Wednesday. “Hyderabad Airport could become a major travel hub for people travelling from Southern and Central India as it expedites the expansion momentum and open doors for aviation businesses,” said an official spokesperson.

Welcoming the Tatas’ takeover of AI, the spokesperson said both GHIAL and AI enjoyed a ‘strong relationship’ and would be working in more closely to maximise the potential of cooperation. AI had recently launched two new non-stop international flights including one to Chicago in the United States followed by another maiden flight to Heathrow in London.

The airport here had a huge number of people travelling every year to and from US, Europe, Australia and Southeast Asia. Therefore, AI with its combination of wide body and narrow body aircraft mix would have extensive opportunity to connect multiple destinations as it had prime slots at most airports.