Photo: Wikipedia Commons

According to German airline Lufthansa, starting a domestic airline in India would be a “misadventure.” The warning comes after Qatar Airways’ recent announcement that it plans to do just that.

Lufthansa senior director for South Asia Wolfgang Will was quoted by Bloomberg as pointing out that he “did not hear up to now of any domestic airline in India making a lot of profit.”

The comments come from a company with a history of failure in the country. Lufthansa’s Indian partnership, ModiLuft, came to an end in 1996 due to an array of obstacles including disputes with creditors, oil companies and the Airports Authority of India.

Asia Times Financial is now live. Linking accurate news, insightful analysis and local knowledge with the ATF China Bond 50 Index, the world's first benchmark cross sector Chinese Bond Indices. Read ATF now. 

One reply on “Lufthansa warns of Qatar Airways’ Indian ‘misadventure’”

Comments are closed.