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SpiceJet: foreign carriers interested to buy stake
November 26, 2012 / 9:53 AM / 5 years ago

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.

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

    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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