Qatar Airways ‘not interested in India's SpiceJet’

29/07/2015 08:56 AST

Qatar Airways, which owns a 10 per cent stake in British Airways owner IAG, is not in talks to buy a stake in Indian carrier SpiceJet nor is it interested in doing so, it said on Tuesday.

"Qatar Airways is not in talks to pursue a commercial stake in SpiceJet. There is no interest from the airline to engage in a partnership," it said in a statement on its website.

The statement follows rumours in India this week that Qatar Airways or Dubai's low-cost carrier flydubai were looking to buy a stake.

SpiceJet shares have surged for four sessions, hitting a two-year closing high on Tuesday at 26.60 rupees ($0.4163).

Qatar Airways said the only airline it is talking to regarding a stake purchase is low-cost carrier Indigo. –


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