SpiceJet: foreign carriers interested to buy stake

NEW DELHI Mon Nov 26, 2012 3:22pm IST

SpiceJet aircrafts prepare for landing and take-off at the airport in Mumbai July 15, 2008. REUTERS/Punit Paranjpe/Files

SpiceJet aircrafts prepare for landing and take-off at the airport in Mumbai July 15, 2008.

Credit: Reuters/Punit Paranjpe/Files

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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)

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