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SpiceJet: foreign carriers interested to buy stake

Source : REUTERS
Last Updated: Mon, Nov 26, 2012 15:40 hrs
India's SpiceJet aircrafts prepare for landing and take-off at the airport in Mumbai

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.



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