New Delhi: SpiceJet has denied it is in talks with Qatar Airways for sale of slots. “This is completely baseless,” the airline’s CEO Sanjiv Kapoor told newspersons here on Friday.
In a statement to the BSE, the airline said, “We also confirm that there is no truth whatsoever in the scheduling of a meeting to discuss investment plans with Qatar Airways.”
Asked about SpiceJet’s plans of getting in a potential investor, Kapoor said the list of potential investors is “really small,” but declined to get into specifics of whether another airline or investor was interested in picking up a stake in the airline.
“The matter is being handled out of Chennai. Besides, the promoters are pumping money into the airline,” he said.
The airline posted a loss of over a INR 1,000 crore for fiscal 2014.
23/05/14 Ashwini Phadnis/Business Line
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In a statement to the BSE, the airline said, “We also confirm that there is no truth whatsoever in the scheduling of a meeting to discuss investment plans with Qatar Airways.”
Asked about SpiceJet’s plans of getting in a potential investor, Kapoor said the list of potential investors is “really small,” but declined to get into specifics of whether another airline or investor was interested in picking up a stake in the airline.
“The matter is being handled out of Chennai. Besides, the promoters are pumping money into the airline,” he said.
The airline posted a loss of over a INR 1,000 crore for fiscal 2014.
23/05/14 Ashwini Phadnis/Business Line
