Lucknow: SpiceJet, Chief Executive Officer, Neil Mills feels that the opening up of the aviation sector to FDI would not immediately throw up a challenge to existing players as the new entrants would take some time to create their infrastructure.
He said that SpiceJet is in no hurry to strike an FDI deal as it is already well placed. Mills said that they are open to any FDI offers but would do it whenever they find the right partner. He said that the entry of Air Asia into the India market would not immediately stir things up and they will take some time before they make an impact.
He said that air Asia would be setting up its base in Chennai where SpiceJet is already the largest operator and they were confident of retaining their hold over the market.
12/03.13 Manmohan Rai/Economic Times
