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Qatar Airways' India plan stuck in runway; CEO Akbar Al Baker blames policy

Qatar Airways does not want to invest in an Indian airline just because it needs funds

Qatar Airways
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A flight crew disembark from a Qatar Airways Boeing 777 passenger plane at Farnborough International Airshow in Farnborough, Britain | Photo: Reuters

Arindam MaumderAneesh Phadnis New Delhi
Qatar Airways may put its proposed India venture on the back burner as restrictive foreign investment rules may hamper its plans.

Setting a deadline for itself, Qatar Airways CEO Akbar Al Baker said the company would wait another 12 months to take a call on starting an airline in India. 

“We will lose interest in time because we have a fund that we would like to invest. If we do not invest in time, we have to use that fund somewhere else,’’ Akbar told newspersons at a media interaction on the side lines of the ‘International Aviation Summit’ organised jointly by Ministry

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