Qatar Airways seeks Indian partners for investment
"If we get a good Indian partner, then yes we would definitely be interested, with no political baggage," Qatar Airways Group CEO Akbar Al Baker told reporters at the International Aviation Summit being held here.
- Country:
- India
Gulf-based passenger carrier Qatar Airways on Tuesday said it was open to forming a partnership with an Indian player to invest in the domestic airline sector.
"If we get a good Indian partner, then yes we would definitely be interested, with no political baggage," Qatar Airways Group CEO Akbar Al Baker told reporters at the International Aviation Summit being held here.
He was responding to a question on whether the airline was open to partnerships with any other investor or with an Indian partner.
Currently, the foreign airline can own up to 49 percent stake in an Indian carrier. A foreign carrier can also form a joint venture airline with an Indian company, but with a 49 percent stake.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
Google News