"Indigo is not even in talks with Qatar...The question does not arise. Its kind of them (Qatar) to say that...
"Its a decision not happening at my level.. We're not in talks with anyone," IndiGo President Aditya Ghosh told reporters on the sidelines of an event here.
Currently, Rahul Bhatia of InterGlobe Enterprises holds 51.12 per cent stake in IndiGo and the rest 48.88 per cent is held by another investor Rakesh S Gangwal through his Virginia-based company Caelum Investments.
To a question on the on-going fare war, Ghosh said the pricing should be structured in a manner that it covers cost.
Also Read
"I don't know whether deep discounts are here to continue or not. A sustainable business which lasts is good for customer... Having discount on one day and tomorrow the product disappears is never good for customer," he said.
Indigo needs to run a profitable business and we'll do whatever it takes to achieve so, Ghosh said.
Pitching for some sops including tax concessions in the 2015-16 Union Budget, the senior IndiGo official said that the airlines also need incentives to boost efficiency.
On the issue of the Draft New Civil Aviation Policy, Ghosh said that IndiGo will take a "holistic view" on it once the final outcome is known.
Asked whether his proposed plan to launch an initial public offering (IPO) this year was on track, Ghosh said, "nothing at the moment, nothing new.