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Qatar Airways not interested in any Indian airline at present – Bangalore Aviation

Qatar Airways not interested in any Indian airline at present

January 15, 2013 Comments Off on Qatar Airways not interested in any Indian airline at present 201 Views

by Devesh Agarwal

Doha based Qatar Airways denied any interest in investing in any carrier in India at present.

Qatar Airways Chief Executive Officer Akbar Al Baker said

“Qatar Airways categorically denies it is interested in investing in Spicejet or any other Indian airline. This is pure speculation by individuals who deliberately want to spread such unfounded rumours to raise the stock value of their entities.

“India is a huge market and a potentially lucrative one. While we have expressed interest in expanding our presence in India, we will only be interested in any potential investment once we are sure regulations and laws are properly liberalised. I can confirm we are currently not talking to any Indian airline.”

Qatar Airways issued this statement after rumours linking it to SpiceJet came out, causing a huge bump in the latter’s share prices.

About Devesh Agarwal

A electronics and automotive product management, marketing and branding expert, he was awarded a silver medal at the Lockheed Martin innovation competition 2010. He is ranked 6th on Mashable's list of aviation pros on Twitter and in addition to Bangalore Aviation, he has contributed to leading publications like Aviation Week, Conde Nast Traveller India, The Economic Times, and The Mint (a Wall Street Journal content partner). He remains a frequent flier and shares the good, the bad, and the ugly about the Indian aviation industry without fear or favour.

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