Indian Billionaire Plans to Launch Low-Cost Carrier in an Already Tough Market
An aircraft operated by IndiGo, a unit of InterGlobe Aviation Ltd., prepares to land at Chhatrapati Shivaji International Airport in Mumbai, India, on Monday, July 10, 2017. Indian billionaire Rakesh Jhunjhunwala wants to launch a new low-cost carrier to compete with Indigo in India. Dhiraj Singh / Bloomberg