Have no interest in Air India, only IndiGo: Qatar Airways CEO


pti, 08-11-2019 12:22:11


Write Comment     |     E-Mail To a Friend     |     Facebook     |     Twitter     |     Print


Have no interest in Air India, only IndiGo: Qatar Airways CEO

New Delhi: Qatar Airways has no interest in buying a stake in Air India, its CEO said on Thursday, as the government plans roadshows in Singapore and London to entice investors for the Indian national carrier’s disinvestment.

Qatar Airways CEO Akbar Al Baker added that he is interested in buying a stake in IndiGo but this is not the right time as issues among promoters are yet to be resolved.

IndiGo on Thursday signed a one-way codeshare agreement with Qatar Airways, where the latter will be able to book seats on the former’s flights on certain specific destinations.

“We have no interest in buying a stake in Air India. Interested in buying a stake in IndiGo, but this is not the right time as issues among promoters are yet to be resolved,” said Qatar Airways CEO Akbar Al Baker.

With around 48 per cent share in the domestic air passenger market, IndiGo is India’s largest airline. IndiGo promoters InterGlobe Enterprises and Rahul Bhatia have sought arbitration proceedings in London against the backdrop of differences with co-promoter Rakesh Gangwal.

Write your Comments on this Article
Your Name
Native Place / Place of Residence
Your E-mail
Your Comment   You have characters left.
Security Validation
Enter the characters in the image above
    
Disclaimer: Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Kemmannu.com will not be responsible for any defamatory message posted under this article.
Please note that under 66A of the IT Act, sending offensive or menacing messages through electronic communication service and sending false messages to cheat, mislead or deceive people or to cause annoyance to them is punishable. It is obligatory on kemmannu.com to provide the IP address and other details of senders of such comments, to the authority concerned upon request. Hence, sending offensive comments using kemmannu.com will be purely at your own risk, and in no way will Kemmannu.com be held responsible.
Similarly, Kemmannu.com reserves the right to edit / block / delete the messages without notice any content received from readers.




Udupi: Traffic congestion and dangers to pedestria
View More

Obituary: Lilly D’Sa (66), Milagres, KallianpurObituary: Lilly D’Sa (66), Milagres, Kallianpur
Hottetumba Fish Court” inaugurated at UdupiHottetumba Fish Court inaugurated at Udupi
Congratulations to Vishu ShettyCongratulations to Vishu Shetty
CongratulationsCongratulations
Rozaricho Gaanch September IssueRozaricho Gaanch September Issue
Milarchi Laram - Issue Sep 2019Milarchi Laram - Issue Sep 2019
Milagres Milana 2020Milagres Milana 2020
Booking Open: Nayaab Residency, Court Back Road, UdupiBooking Open: Nayaab Residency, Court Back Road, Udupi
Shops and Flats for sale at Hampankatte, Kemmannu.Shops and Flats for sale at Hampankatte, Kemmannu.
Focus Studio, Near Hotel Kidiyoor, UdupiFocus Studio, Near Hotel Kidiyoor, Udupi
Canara Beach Restaurant, Hoode/Bengre, Udupi.Canara Beach Restaurant, Hoode/Bengre, Udupi.
Delite Catering, SanthekatteDelite Catering, Santhekatte
Canara Beach Restaurant Inaugurated at Bengre, Kemmannu.Canara Beach Restaurant Inaugurated at Bengre, Kemmannu.
Udupi: Congratulations to Raising smiles who won the first place in RED DROP AD- shoot competition..Udupi: Congratulations to Raising smiles who won the first place in RED DROP AD- shoot competition..
Welcome to Thonse Naturecure HospitalWelcome to Thonse Naturecure Hospital
Read online Uzvaad:<font color=red> Read online Uzvaad</font color=red>:
Read Online RaknnoRead Online Raknno
Kemmannu Platinum Jubilee Souvenir – Amruth KaanikKemmannu Platinum Jubilee Souvenir – Amruth Kaanik
Udupi TodayUdupi Today
St. Alphonsa of India