Etihad, Qatar Air Eye SpiceJet Stake – Report
Published: June 26, 2012
Indian budget airline SpiceJet is in talks with Etihad and Qatar Airways about the two Middle Eastern carriers taking a stake in the business, according to a report in the Business Standard newspaper.
The talks come amid expectations that the Indian government is going to lift the ban on foreign airlines investing in Indian ones.
A SpiceJet spokesman quoted in the report sad that there were discussions with foreign airlines but refused to confirm the identity of any individual airline.
Neither Etihad nor Qatar Air have commented on the Business Standard report.