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Rumours abound of Gulf airlines investment into India

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Rumours abound of Gulf airlines investment into India

The Times of India has reported a rumour that Gulf carriers Qatar Airways and Air Arabia are keen to follow Etihad’s lead and invest in Indian airlines.
The newspaper reports that Qatar Airways is seeking investment in an existing Indian carrier such as SpiceJet and GoAir, while Kingfisher Airlines is attempting to encourage Qatar Airways to invest in the ailing airline. Air Arabia has also been mooted for an Indian investment.
However, Qatar Airways has already dismissed reports it is interested in investing in an Indian airline.