BRIEF: Qatar Airways Interested in Buying a Stake in IndiGo: Report

May 05--MUMBAI -- Qatar Airways is interested in buying a stake in budget airline IndiGo, chief executive officer Akbar Al Baker was cited as saying by Reuters news agency, without disclosing further details.

IndiGo, run by InterGlobe Aviation Ltd, is India's largest airline with a market share of 30.9% on March as well as the country's largest low-fare carrier.

Baker denied interest in investing in any Indian airline in an interview to Mint on 23 April.

"Qatar Airways chief executive says very interested in taking a stake in IndiGo airlines," Reuters India wrote in the microblogging website Twitter.

Mint could not immediately contact IndiGo for comment.

In May 2013, Qatar Airways' Baker had said his airline is in talks with IndiGo for a code-sharing agreement with the Indian airline.

IndiGo had then denied any such talk.

 

 

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