Qatar Airways denies Air India bid plan
March 21 2018 09:37 PM
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Qatar Airways has denied reports in a section of the Indian media that it is making a joint bid with IndiGo for India's national carrier Air India, which the country's federal government plans to sell.
“We are aware of the reports in India, but we are not interested in the bid. We deny the report that we are making a bid on Air India along with IndiGo,” a Qatar Airways spokesperson told Gulf Times on Wednesday. 
In June 2017, India’s Cabinet Committee on Economic Affairs gave an in-principle nod for the strategic divestment of the airline.
Currently, Air India has a debt burden of Rs580bn (Rs58,000 crore).

Last updated: March 21 2018 09:42 PM

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