Thursday, March 12, 2015

SpiceJet 'approached by potential partners'

India's budget carrier SpiceJet says it has been approached by foreign airlines seeking to buy a stake.

However, the offers were described as “premature” by Ajay Singh, who took back control of SpiceJet last month.

Singh, who founded the airline in 2005 but later exited the company, currently is cutting costs and renegotiating contracts with vendors.
12/03/15 Impactpub
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