Qatar Airways and Indigo signed their second code share agreement on November 07 which will include Qatar placing its code on IndiGo flights between Doha-Delhi, Mumbai and Hyderabad. This is part of its growth strategy for international markets carved out by Qatar. This code share agreement is about sharing seats for optimum utilization and will boost the overseas ambitions and improve traffic from the fast-growing Indian aviation market to the Qatar Airways network.

Indigo has already made a big leap in market share after the collapse of Jet Airways in April 2019. In fact, Indigo has scaled its market share close to 50% after the winding down of Jet Airways. This also helped the airline to recover the lost ground after the airline engine concerns. This deal with Qatar Airways also gives a major boost to the international plans of Indigo and allows them to have a major footprint in the lucrative Middle East market. In fact, Qatar even hinted at taking an equity stake in Indigo and said that it would prefer to buy a stake in Indigo rather than taking a stake in Air India. The stock was sharply up after the announcement.