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Dubai-based Emirates is not interested in buying equity in Air India.
Emirates told Indian television news channel CNBC TV18 that it is currently focused on its own organic growth.
Through our partnerships with SpiceJet and Vistara, our customers have access to an extensive network of cities across India, the airline said.
Emirates Airlines is the largest foreign operator in India and launched flights to India in 1985. It had signed back in November a codeshare and interline agreement with SpiceJet to give travelers to and from India access to a wider and stronger route network.
The Indian government announced on Monday that it plans to sell its 100 percent stake in the national carrier, Air India, in a bid to shore up falling government revenues. The carrier operates in 98 destinations with 56 domestic and 42 international destinations.
In 2018, the government could not sell a 76 percent stake in the carrier after failing to find a single bidder.
Emirates is so far the first airline to have formally announced its intent to not participate in the bidding of Air India.
(Writing by Gerard Aoun; editing by Seban Scaria)
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