Two major Gulf Arab carriers Etihad Airways and Qatar Airways reportedly said that they have no interest in acquiring stake in struggling Kingfisher Airlines, according to reports.
Reports stated that Kingfisher was in early talks with Qatar Airways about a possible stake in the company.
Etihad's chief executive James Hogan also said that that they too had no interest in the Indian carrier. He declined to elaborate.
Kingfisher, controlled by liquor baron Vijay Mallya, is in talks with potential investors, says report.