Qatar Airways has moved to quash speculation it is preparing to purchase a stake in SpiceJet.

In a statement the carrier denied it was in talks to pursue a commercial stake in SpiceJet, saying there was “no interest” from the airline to engage in a partnership with the Gurgaon-based airline.

Claims were also made in Indian news reports that a consensus had been reached regarding an interline agreement, and that negotiations are set to continue in the near future.

However, Qatar Airways confirmed it presently does not have any form of interline agreement with SpiceJet, which is the simplest form of relations between any two airlines.

The statement added that Qatar Airways is not planning to pursue any form of arrangement in the future.

This is not the first time that such claims have been made. 

Similar news was disseminated in January 2013, and appears to be a tactic to increase market and share value.

Qatar Airways confirms that the only airline it is talking to is the Indian carrier Indigo.

“The Doha-based airline has no further remarks on the matter,” concluded the statement.