BusinessCan't Buy Stake In Jet, Backed By "My Country's Enemy": Qatar Airways CEO
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Can't Buy Stake In Jet, Backed By "My Country's Enemy": Qatar Airways CEO
Etihad plans to hike its stake in Jet to help it with its financial woes
Qatari carrier had purchased a 10% stake in Cathay Pacific in 2017
The Airways is also interested in starting a fully owned carrier in India
CEO Akbar Al-Baker said Qatar Airways would be "delighted" to take a stake in IndiGo.
Qatar Airways will not buy a stake in Jet Airways as a substantial portion of the debt-laden carrier is held by Etihad Airways, whose owner Abu Dhabi is an "enemy" of Qatar, its CEO Akbar al-Baker said on Tuesday. Abu Dhabi is part of the United Arab Emirates that cut ties with Qatar in 2017 over accusations of supporting terrorism. Doha denies the charges. The UAE, together with Saudi Arabia, Egypt and Bahrain have banned Qatar Airw...