AirAsia says has no plans to bid for Spicejet
KUALA LUMPUR (Reuters) - Malaysian budget carrier AirAsia Berhad AIRA.Kl has dismissed speculation that it is bidding for struggling airline SpiceJet Ltd (SPJT.BO).
"AirAsia rejects the speculation surrounding our possible expansion in India. These reports are completely incorrect," AirAsia Group CEO Tony Fernandes said in a statement.
"AirAsia has not submitted a bid for the Indian budget carrier, and has no intention of doing so," he added.
(Reporting By Siva Sithraputhran; Editing by Helen Massy-Beresford)
- Tweet this
- Share this
- Digg this
- UPDATE 8-Dallas Ebola patient vomited outside apartment on way to hospital
- Boxer Sarita Devi faces action after refusing medal at Asian Games
- Appointment of Arvind Subramanian as chief economic adviser hits Modi hurdle
- Putin says Russia wants to move to national currencies in trade
- China tells foreign countries not to meddle in Hong Kong
BACK IN JAIL
Subrata Roy, the jailed chief of India's Sahara conglomerate, is back in a cell after living in a makeshift prison office for two months as he tried to negotiate the sale of his luxury hotels, a jail official said. Full Article
Appointment of Arvind Subramanian as chief economic adviser hits Modi hurdle. Full Article
Diageo bars United Breweries from appointing independent director at United Spirits. Full Article