AirAsia has denied reports that it is planning to invest in Indian low-cost carrier, SpiceJet.
Citing unnamed Indian government officials, Reuters yesterday reported that Malaysian budget airlines group was planning to purchase Delhi-based SpiceJet. But AirAsia’s Group CEO, Tony Fernandes later issued a statement flatly denying the report.
“AirAsia rejects the speculation surrounding our possible expansion in India. These reports are completely incorrect. AirAsia has not submitted a bid for the Indian budget carrier, and has no intention of doing so,” Fernandes stated.
26/11/12 Mark Elliott/Travel Daily Media
