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India's SpiceJet says foreign carriers interested to buy stake in co

Source : REUTERS
Last Updated: Mon, Nov 26, 2012 09:50 hrs

NEW DELHI, Nov 26 (Reuters) - Indian budget carrier SpiceJet Ltd 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 and SpiceJet are in talks with Abu Dhabi's Etihad Airways and Malaysia's AirAsia Bhd 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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