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FINANCIAL NEWS
Qatar Airways to acquire USD2b IndiGo stake
09 Nov 2015
(USD) Qatar Airways, the second-biggest Gulf carrier has showed great interest in taking a 49 percent stake in IndiGo, the largest Indian Low-cost airline, according to recent reports.
The stake is valued at USD2 billion, and this huge move is driven by Qatar Airways keenness to boost its exposure to one of the world’s fastest-growing travel markets.
Additionally, Qatar Airways also aims at raising its 10 percent holding in the International Consolidated Airlines Group, parent of British Airways, as stressed by its officials.
The carrier will also be studying the case for purchasing a stake in Moroccan national carrier Royal Air Maroc to extend its reach into the underserved travel markets of West Africa.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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