Post the Jet -Etihad deal, all eyes are set on Delhi-based SpiceJet for a possible stake sale deal. Despite strong rumours that the carrier is in talks with Qatar Airways for the purpose, Neil Mills, the firm’s CEO has clarified that though foreign players have evinced interest in the airline, he cannot confirm any name as of now.
In an interview with CNBC-TV18, Mills said that the airline is not in active discussion with any global carrier currently and is also not in a hurry to offload stake.
He further said, if SpiceJet gets into any deal, it will be multi-faceted and that the firm is mostly looking at strategic investment, which can boost its global and domestic network
Mills does not see any threat from the proposed entry of Malaysia’s AirAsia in domestic skies. But certainly, he expects competition to get stiffer and he welcomes such an entry as it will boost efficiency of other carriers alike.
30/04/13 moneycontrol.com
