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JustHere | May 26, 2017

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Qatar Airways denies interest in stake in SpiceJet

Qatar Airways denies interest in stake in SpiceJet

Following reports on a possible stake in SpiceJet, Qatar Airways has denied all claims about its association with the airline.

In a press statement, Qatar Airways has confirmed that it is not in talks to pursue a commercial stake in SpiceJet, stating: “There is no interest from the airline to engage in a partnership with the Gurgaon-based airline. 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 Qatar Airways is not planning to pursue any form of arrangement in the future”.

According to the statement, this is not the first time that such claims have been made.  Similar news was disseminated in January 2013, which the airlines says, “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”.

Qatar Airways has confirmed that the only airline it is talking to is the Indian carrier Indigo.

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