Andy Mukherjee & David Fickling, Columnists

Qatar's Savvy as Indian Skies Crowd Over

A preferred regional hub for travel to and from South Asia is the ultimate prize.
Lock
This article is for subscribers only.

In Qatar Airways Ltd.'s decision to set up a brand new short-haul carrierBloomberg Terminal in India, there's a hint of commercial savvy that goes back a millennium and a half.

Otherwise, why introduce 100 new planes in crowded Indian skies? For all the lure of world-beating growth out to 2035, the hyper-competitive market has already seen the rapid implosionBloomberg Terminal of local beer tycoon Vijay Mallya's Kingfisher Airlines Ltd. and is currently witnessing a painfully slow crumplingBloomberg Terminal of state-run Air India Ltd. under a $7 billion debt load. So what's motivating Qatar to dive into this air pocket? A two-word answer may be: Southern India.