Air France-KLM says it won't split long-haul operations between Mumbai, Navi Mumbai airports
A infrastructure development with market-wide reach.
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The stance deepens an ongoing stand-off between Adani Airport and airlines, as the country’s second-largest airport operator prepares to redevelop Mumbai’s existing airport and seeks to redistribute capacity.
The analysis
Infra spending is both an economic-cycle signal and a direct order pipeline for capital-goods names.
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