Emirates CEO Clark not keen on investing in Indian carriers at present

Dubai, June 13 (ANI): Emirates Airline CEO Tim Clark has said his company is not keen on making any investments in India, if the 49-precent FDI (foreign direct investment) came through.

"I should think all of them [the Indian carriers] will be very happy if Gulf money came in to the tune of 49 per cent. But Emirates is not keen on it, not at the moment," the Gulf News quoted Clark, as saying.

Clark said his airline is continuing to grow according to its plan despite the difficult time and will be the most potent hub in the world by 2015.

"I am hoping that we will be ahead of where we were last year. [These are] difficult times... as we have talked about the fuel, the acquisition of many aircraft coming in, opening up new routes, so we are continuing to grow according to our plan," the Emirates President said.

"Some years we have great [profit of] Dh5.6 billion the Emirates Group made the year before, Dh2.6bn last year. What are we going to do this year? We will see," he added. (ANI)