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HomeNewsAviationQATAR AIRWAYS DENIES INTEREST IN STAKE IN SPICEJET

QATAR AIRWAYS DENIES INTEREST IN STAKE IN SPICEJET

Qatar Airways has issued a statement from its hub and headquarters in Doha, Qatar, in response to the recent comments related to SpiceJet, pertaining to a possible stake sale, clarifying that the airline is not in talks to pursue a commercial stake in SpiceJet. There is no interest from the airline to engage in a partnership with the Gurgaon-based airline.

Claims are also being made in news reports that a consensus has been reached regarding an interline agreement, and that negotiations are set to continue in the near future.

Qatar Airways presently does not have any form of interline agreement with SpiceJet, which is the simplest form of relations between any two airlines, and is not planning to pursue any form of arrangement in the future.

“This is not the first time that such claims have been made.  Similar news was disseminated in January 2013, and this appears to be a tactic to increase market and share value. These stake sale comments are unfounded and are believed to be deliberately spread to influence share valuations,” the statement added.

Qatar Airways confirms that the only Indian carrier it is talking to is IndiGo.

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