You are here: Home » Economy & Policy » News
Business Standard

Qatar Airways may opt for Indian partner, buy stake in IndiGo for ownership

India now allows 100% ownership of India-based airlines, up from 49%

Reuters  |  New Delhi 

Qatar Airways is reviewing plans for its own domestic Indian airline due to "confusing" foreign ownership rules and could opt to work with a partner in India or take a stake in IndiGo instead, its chief executive said on Tuesday. The state-owned Gulf carrier has long coveted the Indian aviation market, which is the fastest growing in the world, and in 2017 said it would set up a domestic airline, a year after India eased foreign investment rules for the sector. "We are really very interested to launch an airline in India, but the regulation is a little bit ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Tue, September 04 2018. 18:13 IST
RECOMMENDED FOR YOU