IndiGo to announce strategic tie-up with Qatar Airways

Wednesday, 06 Nov, 2019 0

Shares in IndiGo parent company InterGlobe Aviation rose nearly 5% after the airline teased a imminent announcement of a strategic cooperation with Qatar Airways.

The airlines will make a joint announcement on November 7.

Qatar Air has made no secret of its interest in IndiGo and the Indian aviation market and even at one time contemplated setting up an Indian based airline.

"We are very interested in IndiGo. We are talking to IndiGo for doing codeshare, joint flights but not yet an equity stake in the airline," Qatar Airways CEO Akbar Al Baker told Reuters earlier this year.

However it is still unlikely that Qatar’s interest will result in any financial stake in India’s market leader and may just be restricted to a codesharing arrangement at this stage, according to local media reports.

IndiGo CEO Ronojoy Dutta, and Al Baker would ‘talk about the vision and future for both the airlines’ they said in a statement.

Last week IndiGo placed a huge order for up to 300 Airbus A320 family aircraft.

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.

Home to America’s Best Beaches, a vibrant arts community and amazing outdoor experiences, St. Pete/Clearwater is a sunny destination that...

Discover Sarawak Revealing a side of Asia unlike anywhere else, Sarawak offers an alternative for those seeking humble authenticity far...

The superpower in bed banks for 30 years We are an award-winning and trusted accommodation wholesaler since 1991. We are...

Located in the Mediterranean and connecting Asia and European continents that are separated by the famous Bosphorus, Türkiye is a...

The city has been the vibrant heart of Japan for over 400 years, and is a crossroads where tradition meets...

Arival advances the business of creating amazing in-destination experiences. We provide events, insights, and community for creators and sellers of...

From the beginning, ATI’s philosophy has been “innovation, not duplication.“ Developing specialized technology solutions to connect over 30,000 accommodation, attracti...

Chargebacks911 offers scalable solutions that are customized for any business of any size in any industry. With the flexibility to...

SAINT LUCIA IS NO ORDINARY ISLAND Equal parts beauty and mystique, Saint Lucia captivates anyone who sets foot on her...

AXA Assistance specializes in best-in-class cost containment, health and travel services. Over 60 years of experience combined with a US and...

Located in the heart of the Northeast and within easy driving distance of a third of the population of the...

MGM Resorts International (NYSE: MGM) is an S&P 500® global entertainment company with national and international locations featuring best-in-class hotels...

The Detroit Metro Convention & Visitors Bureau (DMCVB) is the only organization that promotes metro Detroit regionally, nationally and...

Welcome to Qatar Airways Qatar Airways is proud to be one of the youngest global airlines to serve all...

We work with reliable data providers with global coverage, that guarantee data representativeness as well as compliance with International Personal...

SOUTH AUSTRALIA. FOR THOSE WHO WANT A LITTLE MORE. South Australia. It’s a beautiful place. A place for the restless,...

Wonderful Indonesia Indonesia is a country blessed with countless wonders. What makes this country unique is its diverse culture and...

Blue Diamond Resorts consistently goes above and beyond guest expectations by delivering groundbreaking vacation experiences through our exceptional collection of...