India's aviation market offers diverse opportunities: Star Alliance CEO
India is a critical aviation market for growth with all kinds of opportunities and Air India is on a strong mission to overhaul its business, according to airlines' grouping Star Alliance's CEO Theo Panagiotoulias.
Star Alliance, which has been in existence for more than 25 years, is a global grouping of 26 airlines, including Air India, Lufthansa, Singapore Airlines and South African Airlines.
Sounding bullish about the revival of Air India, a long time member of the alliance, Panagiotoulias said the airline is on a "very strong mission" and has embarked on a major overhaul of its business.
"India is a critical growth market and offers all kinds of opportunities," he told PTI in an interview here this week.
He also emphasised that having Air India in the alliance is a huge piece of the puzzle of the global network.
His comments also come against the backdrop of Air India group taking various measures to strengthen its operations, including placing a historic order for 470 planes