The Adani Group has denied having any plans to launch its own airline. The clarification came amid growing speculation that major airport operators GMR Group and the Adani Group were seeking approval to enter the airline business. Current regulatory framework bars the operators of New Delhi and Mumbai airports from holding more than a 10% stake in a scheduled airline. “We would like to categorically deny the recent media reports and market speculation suggesting that Adani Enterprises is planning to launch an airline. These reports are entirely baseless and factually incorrect. Adani Enterprises is not evaluating any proposal to enter the airline business,” a spokesperson for Adani Enterprises said.