Qatar Airways eyes 49% stake in IndiGo, warns Airbus on A380neo

Qatar Airways wants to buy up to 49 percent of IndiGo though the owners of the subcontinent`s largest carrier by market share have no immediate plans to sell, the Doha-based airline`s chief executive said on Wednesday.

DUBAI: Qatar Airways wants to buy up to 49 percent of IndiGo though the owners of the subcontinent`s largest carrier by market share have no immediate plans to sell, the Doha-based airline`s chief executive said on Wednesday. 

"We`re not in talks, we have a personal relationship between us and the owner of IndiGo," Akbar Al Baker, Qatar Airways chief executive told a news conference in Dubai.

"He has indicated they are not planning to sell a stake in IndiGo, but once they consider he knows I`m interested." 

He has also discussed Airbus`s planned A380neo with the plane manufacturer`s chief executive.

"I told him this aircraft needs a fuel (efficiency) improvement of 10-15 percent and this would really sell the numbers he expected with the current Airbus A380," said Baker.

"This will have to be a joint effort between (the) engine manufacturer and Airbus, it`s not just the airframe that is the issue, it`s the fuel burn, which is coming from the engine."

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