Qatar Airways rethinks Indian plans due to foreign ownership rules | Reuters

Qatar Airways rethinks Indian plans due to foreign ownership rules | Reuters:

Qatar Airways is reviewing plans for its own domestic Indian airline due to “confusing” foreign ownership rules and could opt to could work with a partner in India or take a stake in IndiGo instead, its chief executive said on Tuesday.

The state-owned Gulf carrier has long coveted the Indian aviation market, which is the fastest growing in the world, and in 2017 said it would set up a domestic airline, a year after India eased foreign investment rules for the sector.

“We are really very interested to launch an airline in India, but the regulation is a little bit confusing to us,” Qatar Airways CEO Akbar al-Baker told reporters in New Delhi.