West Asian airline Qatar Airways is keen to pick up 49 per cent stake in India's largest low-cost carrier IndiGo Airlines to expand it footprint in Indian aviation market after the new government increased the FDI limit, news agency PTI reported citing the company's top executive.
Qatar Airways, which launched new Airbus A350-900 in Doha on Thursday, has also been rumoured to be in talks with SpiceJet for a deal. SpiceJet is the second-largest budget carrier in the country behind IndiGo and is desperately looking to stay afloat.
"We would be able to deliver what India want faster than all the new entrants in the Indian market as we are already established in the market," Qatar Airways Group CEO Akbar Al Baker told PTI.
Baker had earlier said in mid 2013 that it is in talks with IndiGo for a code-sharing agreement with the Indian airline.
09/01/15 Bhawna Gupta/VCCircle
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Qatar Airways, which launched new Airbus A350-900 in Doha on Thursday, has also been rumoured to be in talks with SpiceJet for a deal. SpiceJet is the second-largest budget carrier in the country behind IndiGo and is desperately looking to stay afloat.
"We would be able to deliver what India want faster than all the new entrants in the Indian market as we are already established in the market," Qatar Airways Group CEO Akbar Al Baker told PTI.
Baker had earlier said in mid 2013 that it is in talks with IndiGo for a code-sharing agreement with the Indian airline.
09/01/15 Bhawna Gupta/VCCircle
