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QATAR AIRWAYS DENIES INTEREST IN STAKE IN SPICEJET

QATAR AIRWAYS DENIES INTEREST IN STAKE IN SPICEJET

Doha, QATAR  Qatar Airways issues this statement from its hub and headquarters in Doha, Qatar, in response to the recent comments related to SpiceJet, pertaining to a possible stake sale.


This release is to confirm that Qatar Airways is not in talks to pursue a commercial stake in SpiceJet. There is no interest from the airline to engage in a partnership with the Gurgaon-based airline.


Qatar Airways officially states that it is an inaccurate claim from news reports that, ‘’Qatar Airways is picking up a stake in SpiceJet’’.


Claims are also being made in news reports that a consensus has been reached regarding an interline agreement, and that negotiations are set to continue in the near future.


Qatar Airways presently does not have any form of interline agreement with SpiceJet, which is the simplest form of relations between any two airlines, and Qatar Airways is not planning to pursue any form of arrangement in the future.


This is not the first time that such claims have been made.  Similar news was disseminated in January 2013, and this appears to be a tactic to increase market and share value.


These stake sale comments are unfounded and are believed to be deliberately spread to influence share valuations. 


The Doha-based airline has no further remarks on the matter.


Qatar Airways confirms that the only airline it is interested in is the Indian carrier Indigo.


About Qatar Airways:


Qatar Airways has seen rapid growth in just 18 years of operation and it currently flies a modern fleet of 162 aircraft to 150 key business and leisure destinations across Europe, the Middle East, Africa, Asia Pacific, North America and South America.


Qatar Airways recently won Airline of the Year, Best Business Class Airline Seat and Best Airline in the Middle East at the 2015 Skytrax Awards. This is the third time the airline has won the accolade of “Airline of the Year”.


Qatar Airways is a member of the oneworld global alliance. The award-winning alliance was named the World’s Best Airline Alliance 2015 by Skytrax for the third year running. Qatar Airways was the first Gulf carrier to join global airline alliance, oneworld, enabling its passengers to benefit from more than 1,000 airports in more than 150 countries, with 14,250 daily departures.


Qatar Airways recently launched Oryx One, an enhanced interface for its inflight entertainment system, increasing the number of movies and TV shows on board from 950 to up to 2,000. Passengers flying on Qatar Airways flights served by its B787, A350, A380, A319 and select A330 aircraft can also stay in touch with their friends and family around the world by using the five-star airline’s on-board Wifi and GSM service.


For more information, visit our homepage www.qatarairways.com or our sites on Facebook, Twitter, LinkedIn, Google+, Instagram, and YouTube.


For Qatar Airways corporate images, please click here: http://www.qatarairways.com/corporateimages


For further information contact:
Qatar Airways Group, Corporate Communications Department
Tel: +974 40222072, Fax: +974 40225350
E-mail: qrmedia@qatarairways.com.qa
Website: www.qatarairways.com


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