SpiceJet: foreign carriers interested to buy stake
NEW DELHI (Reuters) - Budget carrier SpiceJet Ltd (SPJT.BO) said on Monday that some foreign investors have expressed interests to pick up a stake in the company following a recent rule change, but it was premature to comment on a possible deal.
Struggling Indian carriers Jet Airways (JET.NS) and SpiceJet (SPJT.BO) are in talks with Abu Dhabi's Etihad Airways and Malaysia's AirAsia Bhd (AIRA.KL) to sell minority stakes, a senior government official with direct knowledge of the talks said earlier on Monday. (Reporting by Anurag Kotoky; Editing by Anand Basu)
- Tweet this
- Share this
- Digg this
Trending On Reuters
The BSE Sensex and Nifty fell more than 2 percent on Thursday to a more than 10-week low on worries foreign investors, whose ownership of domestic shares have hit a record, may trim positions on risk aversion after Saudi Arabia launched air strikes in Yemen. Full Article