Following the government move to allow FDI policy in the civil aviation sector, Chairman of debt-ridden Kingfisher Airlines Vijay Mallya on Wednesday said the carrier was in talks with foreign airlines.
He, however did not provide details citing "privacy and confidentiality" reasons.
When asked how beneficial will be the new FDI policy, that allows foreign airlines to pick stakes in domestic air carriers for Kingfisher, Mallya said it was too early to comment.
"It is too early to say about the status report of the FDI policy...There is an established FDI approval procedure. I see a normal course of business going to happen," he said.
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