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NEW DELHI, Nov 5 (Reuters) – India’s largest airline IndiGo INGL.NS and Qatar Airways will make a strategic enterprise announcement on Nov. 7, the 2 corporations stated in an announcement on Tuesday, sending shares of the funds service larger by 3%.
Qatar has up to now proven curiosity in investing in IndiGo however the Indian funds service has resisted.
“We’re very fascinated by IndiGo … We’re speaking to IndiGo of doing codeshare, joint flights however not but an fairness stake within the airline,” Qatar Airways CEO Akbar Al Baker instructed Reuters in an interview in August.
IndiGo is planning an aggressive push to extra worldwide locations and the airline’s CEO Ronojoy Dutta and Qatar Airways CEO Akbar Al Baker will “discuss in regards to the imaginative and prescient and future for each the airways”, they stated within the assertion.
(Reporting by Aditi Shah; Enhancing by Himani Sarkar)
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