We have no interest in Air India, only IndiGo, says Qatar Airways CEO
Qatar Airways has no interest in buying a stake in Air India, its CEO said on Thursday as the government plans roadshows in Singapore and London to entice investors for the Indian national carrier’s disinvestment.
Qatar Airways CEO Akbar al-Baker added that he is interested in buying a stake in IndiGo but this is not the right time as issues among its promoters are yet to be resolved.
The differences between IndiGo promoters Rahul Bhatia and Rakesh Gangwal came to the fore in July after the latter sought market regulator Sebi’s intervention to address alleged corporate governance lapses at the company.
While the Centre is planning to invite bids for the national carrier next month, its employee unions on Wednesday decided to oppose the disinvestment process as there is no clarity regarding salary arrears and pensions.
