New Delhi, July 24 -- Adani Enterprises has denied media reports that it is planning to launch an airline, as per a statement by the company.

In the release, Adani noted, it is not evaluating any proposal to enter the airline business, calling the reports "entirely baseless and factually incorrect."

"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," it said.

It added, "Adani Enterprises is not evaluating any proposal to enter the airline business."

Earlier media reports had stated that major airport operators GMR Group and Adani Group were seeking approval to enter the airl...