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

Adani Enterprises has denied media reports on Friday (July 24, 2026) that it is planning to launch an airline, as per a statement by the company. In the release, Adani noted, it is not evaluating any proposal to enter the airline business, calling the reports “entirely baseless and factually incorrect.”

“We would like to categorically deny the recent media reports and market speculation suggesting that Adani Enterprises is planning to launch an airline. These reports are entirely baseless and factually incorrect,” it said. It stated, “Adani Enterprises is not evaluating any proposal to enter the airline business.”

IndiGo and Air India have opposed the Adani Group’s reported interest in entering the airline business, raising concerns over conflicts of interest and the potential erosion of competition, as the conglomerate is learnt to have approached the government to remove cross-ownership restrictions that currently limit airline ownership in airports and vice versa.

IndiGo Managing Director Rahul Bhatia, on Wednesday (July 22, 2026) in an analyst’s call to discuss the quarterly results, said in a response to a query on the issue that there was “no global precedent because it would typically raise a massive conflict of interest, and over a period of time it would against the interest of consumers.”

(With inputs from ANI)