DUBAI, July 28 (Reuters) - Qatar Airways, which owns a 10 percent stake in British Airways owner IAG, is not in talks to buy a stake in Indian carrier SpiceJet nor is it interested in doing so, it said on Tuesday.
"Qatar Airways is not in talks to pursue a commercial stake in SpiceJet. There is no interest from the airline to engage in a partnership," it said in a statement on its website.
The statement follows rumours in India this week that Qatar Airways or Dubai's low-cost carrier flydubai were looking to buy a stake.
SpiceJet shares have surged for four sessions, hitting a two-year closing high on Tuesday at 26.60 rupees ($0.4163).
Qatar Airways said the only airline it is talking to regarding a stake purchase is low-cost carrier Indigo.
($1 = 63.9000 Indian rupees)
(Reporting by Nadia Saleem; editing by Jason Neely) ((nadia.saleem@thomsonreuters.com; +97143664256; Reuters Messaging: nadia.saleem.thomsonreuteres@reuters.net))
"Qatar Airways is not in talks to pursue a commercial stake in SpiceJet. There is no interest from the airline to engage in a partnership," it said in a statement on its website.
The statement follows rumours in India this week that Qatar Airways or Dubai's low-cost carrier flydubai were looking to buy a stake.
SpiceJet shares have surged for four sessions, hitting a two-year closing high on Tuesday at 26.60 rupees ($0.4163).
Qatar Airways said the only airline it is talking to regarding a stake purchase is low-cost carrier Indigo.
($1 = 63.9000 Indian rupees)
(Reporting by Nadia Saleem; editing by Jason Neely) ((nadia.saleem@thomsonreuters.com; +97143664256; Reuters Messaging: nadia.saleem.thomsonreuteres@reuters.net))
