{"id":299956,"date":"2019-11-07T17:05:50","date_gmt":"2019-11-07T11:35:50","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=299956"},"modified":"2019-11-07T17:05:50","modified_gmt":"2019-11-07T11:35:50","slug":"qatar-airways-may-pick-up-stake-in-air-india-ceo-al-baker","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/qatar-airways-may-pick-up-stake-in-air-india-ceo-al-baker\/","title":{"rendered":"Qatar Airways may pick up stake in Air India: CEO Al Baker"},"content":{"rendered":"<p>Qatar Airways is keen to spread its wings in India which ranks as one of the world&#8217;s fastest-growing aviation markets.<\/p>\n<p>&#8220;We will be interested to invest in Air India if we have very strong investors together with us,&#8221; said its Chief Executive Officer Akbar Al Baker on Thursday. &#8220;We are very keen if the Tata Group is interested in Air India to partner with them.&#8221;<\/p>\n<p>Al Baker said Air India was at one time one of the finest airlines and hoped that it will back to that stature. &#8220;I wish all the best to Air India employees.&#8221;<\/p>\n<p>The government is keen on Air India&#8217;s privatisation as the airline sits atop a debt pile of over Rs 58,000 crore besides accumulated losses. Bids for its sale are likely to be called later this month.<\/p>\n<p>Civil Aviation Minister Hardeep Singh Puri has said that governments should not be in the business of running airlines.<\/p>\n<p>Earlier on Thursday, Qatar Airways signed a codeshare agreement with low-cost carrier IndiGo to bolster connectivity between India and Qatar, enabling the latter to place its code on IndiGo flights between Doha and Delhi, Mumbai and Hyderabad.<\/p>\n<p>Qatar Airways will place its code &#8216;QR&#8217; on IndiGo operated flights between these destinations.<\/p>\n<p>The Doha-based airline operates 102 weekly flights between the Qatari capital and 13 destinations in India including Ahmedabad, Amritsar, Bengaluru, Chennai, Delhi, Goa, Hyderabad, Kochi, Kolkata, Kozhikode, Mumbai, Nagpur and Thiruvananthapuram.<\/p>\n<p>There have been reports that Qatar Airways may pick up a stake in InterGlobe Aviation, the parent company of IndiGo, which last week reported a net loss of Rs 1,062 crore during the July to September quarter (Q2 FY20).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Qatar Airways is keen to spread its wings in India which ranks as one of the world&#8217;s fastest-growing aviation markets. &#8220;We will be interested to invest in Air India if we have very strong investors together with us,&#8221; said its Chief Executive Officer Akbar Al Baker on Thursday. &#8220;We are very keen if the Tata Group is interested in Air India to partner with them.&#8221; Al Baker said Air India was at one time one of the finest airlines and hoped that it will back to that stature. &#8220;I wish all the best to Air India employees.&#8221; The government is [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[229],"tags":[],"class_list":["post-299956","post","type-post","status-publish","format-standard","hentry","category-civil-aviation"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/299956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=299956"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/299956\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=299956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=299956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=299956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}