Tim Clark, the head of flag carrier Emirates, said that Indian airlines are missing out on revenues to the tune of $800-900 million due to limited bilateral agreements between India and Dubai.
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Clark, while speaking at the CAPA India Aviation Summit, said that the government of Dubai has approached the Indian government to liberalise air travel by easing bilateral air service agreements, but to no avail.
He added that the Dubai has asked India to approve 50,000 extra seats per week between Dubai and India, but the response from the New Delhi has been dismissive till now.
Boeing CEO Dave Calhoun told Bloomberg TV that fully autonomous passenger planes are inching closer to takeoff, with it being only a matter of when not if.
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