Qatar Airways plans major stake in IndiGo
Gulf carrier Qatar Airways said it is in advanced talks to invest in India’s biggest airline IndiGo.
"Qatar Airways confirms that the only airline it is talking to is the Indian carrier IndiGo," it said, keen to dispel earlier reports suggesting it may purchase a stake in Indian rival carrier SpiceJet.
Qatar said the Spicejet rumours were a cynical attempt to ‘influence share valuations.’
"Similar news was disseminated in January 2013, and this appears to be a tactic to increase market and share value," it added.
IndiGo has a 40% share of the domestic market in India and is one of the few carriers to operate profitably in an increasingly crowded market.
Qatar Airways would be eyeing a major stake of up to 49% although IndiGo’s owner has said in the past it has no plans to sell.
"We don’t go and just do 5%. We would always take a bigger share," Qatar CEO Akbar Al Baker said recently of its investment strategy.
Fellow Gulf carrier Etihad Airways has a 24% stake in Indian airline Jet Airways.
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Global tourism exceeds 1.5 billion travelers announces UN-Tourism
Qatar Airways offers reduced timetable to over 60 destinations
WTTC global tourism reached record economic impact of 11 trillion in 2025
Hands In, UATP join forces for airline multi-card payments
Overseas travelers to the United States declined by 2.5% in 2025