SpiceJet in talks to sell stake
Shares of troubled airline SpiceJet received a welcome boost on news it may sell a stake.
Shares surged nearly 13% higher on Wednesday.
SpiceJet is reportedly talking to a Middle Eastern airline as well as an Indian company.
When questioned Emirates said it is not planning any stake purchase in any airline while Etihad declined to comment, Reuters reports.
Qatar Airways and Saudia have not commented.
Any stake sale would come from the holding of founder Ajay Singh who owns about 60% of the airline.
The airline has been under financial difficulties for some time although it recently cleared all debts owed to airport operator, Airports Authority of India.
Have your say Cancel reply
Subscribe/Login to Travel Mole Newsletter
Travel Mole Newsletter is a subscriber only travel trade news publication. If you are receiving this message, simply enter your email address to sign in or register if you are not. In order to display the B2B travel content that meets your business needs, we need to know who are and what are your business needs. ITR is free to our subscribers.
































France prepares for a massive strike across all transports on September 18
Turkish tourism stalls due to soaring prices for accommodation and food
CCS Insight: eSIMs ready to take the travel world by storm
Germany new European Entry/Exit System limited to a single airport on October 12, 2025
Airlines suspend Madagascar services following unrest and army revolt