KUALA LUMPUR, Nov 26 (Reuters) - Malaysian budget carrier
AirAsia Berhad has dismissed speculation that it is
bidding for struggling Indian airline SpiceJet Ltd.
"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