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Expansion● Neutral for Indian equities
SAF production: Air France-KLM to seek alliances in India
The brief
- Air France-KLM plans to seek alliances in India for sustainable aviation fuel production
- It will increase weekly India flights from 42 to 54
- More flights and SAF partnerships may affect Indian airlines, airports and fuel suppliers
- Prestige Estates raises ₹3,000 crore from CPPIB for hospitality arm
- CPP Investments buys 27% of Prestige’s hospitality arm for ₹3,000 crore
- Equity capital inflow in real estate, data centre, hotel assets doubles to USD 9.5 bn in Jul-Sep: CBRE
- Prestige Estates withdraws ₹2,700 crore IPO plan for its hospitality business