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IndiGo, Qatar Airways To Announce Strategic Deal; Shares Jump
IndiGo planning aggressive push to more international destinations IndiGo is India's largest airline with nearly 50% market share Qatar Airways has in past shown interest in investing in IndiGo
05 Nov 2019, 11:49 AM IST 
Qatar has in the past shown interest in investing in IndiGo but the budget carrier has resisted.
Shares in InterGlobe Aviation - the parent company of the budget airline IndiGo - jumped over 4 per cent on Tuesday. The rise in shares came after IndiGo and Qatar Airways said in a statement that they would make a strategic business announcement on November 7. IndiGo is planning an aggressive push to more international destinations and the airline's CEO Ronojoy Dutta and Qatar Airways CEO Akbar Al Baker will "talk about the vision a...
