Mumbai: Gulf carrier Qatar Airways is likely to invest in the debt-ridden SpiceJet by purchasing its parking slots overseas, sources said. Officials of the state-run Qatar Investment Promotion Authority are likely to meet the top brass of SpiceJet shortly, they added.
The Kalanithi Maran-promoted domestic airline had earlier this week said it was in "advanced stage of discussions" with an overseas entity for capital infusion. "A team of officials from Qatar Investment Promotion Authority is scheduled to meet the SpiceJet management in a day or two to discuss investment plans of Qatar Airlines," a source told PTI.
23/05/13 PTI/IBN Live
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The Kalanithi Maran-promoted domestic airline had earlier this week said it was in "advanced stage of discussions" with an overseas entity for capital infusion. "A team of officials from Qatar Investment Promotion Authority is scheduled to meet the SpiceJet management in a day or two to discuss investment plans of Qatar Airlines," a source told PTI.
23/05/13 PTI/IBN Live
