Qatar Airways denies Indian airline takeover
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Qatar Airways has denied claims it is to invest in an Indian based airline.
Responding reports the carrier is to put money into Spicejet, Jet Airways or Kingfisher Airlines Akbar Al Baker, CEO of Qatar Airways 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”.
He added the carrier is interested in expanding its presence in India but is not currently talking to any airlines.
“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,” he added.
