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Qatar interested in purchasing stake in Indian airline

 
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747-237
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PostPosted: Sun Jan 13, 2013 4:54 pm    Post subject: Qatar interested in purchasing stake in Indian airline Reply with quote

http://www.thenational.ae/business/aviation/qatar-airways-joins-etihad-in-hunt-for-stake-in-indias-carriers


Qatar Airways joins Etihad in hunt for stake in India's carriers
Jan 13, 2013

Qatar Airways is interested in purchasing a stake in an Indian airline, its chief executive Akbar Al Baker said.

The carrier is not studying any specific purchase in India at the moment, where changes to rules curbing foreign direct investment from airlines have spurred interest in the market, Mr Baker said.

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Nimish
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PostPosted: Mon Jan 14, 2013 12:52 pm    Post subject: Reply with quote

Just muddying the waters? Or some serious interest? I guess only time will tell! QR just sold their stake in Cargolux - so they're not necessarily in for the long term...
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ameya
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PostPosted: Mon Jan 14, 2013 12:56 pm    Post subject: Reply with quote

Nimish wrote:
Just muddying the waters? Or some serious interest? I guess only time will tell! QR just sold their stake in Cargolux - so they're not necessarily in for the long term...


But the stake sale might have generate some cash reserves
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Nimish
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PostPosted: Mon Jan 14, 2013 1:03 pm    Post subject: Reply with quote

ameya wrote:
Nimish wrote:
Just muddying the waters? Or some serious interest? I guess only time will tell! QR just sold their stake in Cargolux - so they're not necessarily in for the long term...


But the stake sale might have generate some cash reserves


Make money by investing in the aviation business? Wow - that's something new Wink. But yes a cargo carrier is probably the best bet in that regard. However why does QR need to worry about money - isn't world domination AAB's goal?
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PostPosted: Tue Jan 15, 2013 7:06 am    Post subject: Reply with quote


Qatar Airways may buy stake in SpiceJet


http://timesofindia.indiatimes.com/business/india-business/Qatar-Airways-may-buy-stake-in-SpiceJet/articleshow/18026790.cms
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PostPosted: Tue Jan 15, 2013 9:46 am    Post subject: Reply with quote

Spice is better placed for investment. Who gives a better valuation to the Marans needs to be seen. I am sure Marans would be ok with minority share holding and letting the Foreign airline take 49% and be the largest shareholder
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PostPosted: Tue Jan 15, 2013 7:35 pm    Post subject: Reply with quote

http://business-standard.com/india/news/qatar-airways-denies-spicejet-deal-talks/202793/on

Qatar Airways denies SpiceJet deal talks

Hints possibility of investments after regulations and laws are properly liberalised

Jan 15, 2013

Qatar Airways has denied it is in talks with SpiceJet to acquire stake in the low cost airline.

“Qatar Airways categorically denies it is interested in investing in SpiceJet or any other Indian airline. This is pure speculation by individuals who deliberately want to spread such unfounded rumours to raise the stock value of their entities," the airline's chief executive officer Akbar Al Baker said in a statement.

“India is a huge market and a potentially lucrative one. While we have expressed interest in expanding our presence in India, we will only be interested in any potential investment once we are sure regulations and laws are properly liberalised. I can confirm we are currently not talking to any Indian airline,'' he added.

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