Deals
Qatar Air Plans to Establish Indian Carrier With 100 Planes
- Gulf giant aiming to progress initiative ‘soon,’ Al Baker says
- Foreign penetration of subcontinent limited by ownership caps
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Qatar Airways Ltd. plans to set up a short-haul airline in India with a fleet of 100 narrow-body planes, renewing a push to gain a bigger share of one of the world’s fastest-growing travel markets.
The Gulf carrier will make an application to the Indian authorities “soon,” Chief Executive Officer Akbar Al Baker said Wednesday at the ITB Berlin travel fair, adding that he intends to proceed “step by step.”