Qatar Airways quashes rumours of Indian airline talks

Following media speculation in recent days linking Qatar Airways with airlines in India, Qatar Airways issued a statement today denying it is in investment talks with Spicejet or any other Indian airline.
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Qatar Airways Chief Executive Officer Akbar Al Baker (above) 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.”