Thursday, September 06, 2018

Qatar Airways only interested in Air India, not its other operations

Qatar Airways has shown interest in Air India but only if it comes without the 'baggage', according to a report by The Economic Times.

However, it is not Air India’s debt that is a 'baggage' for the Doha-based carrier, the report suggests.

Explaining his reference to the term ‘baggage’, Qatar Airways group Chief Executive Officer (CEO) Akbar Al Baker said that it refers to some of the other operations that India's ailing national carrier carries out. These operations include ground handling and engineering, among others.

“We would be interested only in the airline,” Baker said, according to the newspaper.
The development comes after the government’s failed attempt at selling stake in the national carrier.
06/09/18 moneycontrol
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