This move is linked to a substantial loan facility amounting to Rs 12,770 crore sanctioned by the SBI for the greenfield airport project, according to a report by the Financial Express
The acquisition will also give Adani Group the ownership of Navi Mumbai’s upcoming airport, in which MIAL holds 74 per cent.
Domestic airlines have posted messages on social media warning people of cancellation and delays.
The aircraft was departing for Yelahanka Air Force Station near Bengaluru in Karnataka; no injuries have been reported
