SpiceJet, country’s low-cost airline is in preliminary talks with a Gulf airline for potential investment in the Indian budget carrier. But for any further action, the company has to wait till the policy shift in India's aviation industry, which currently prohibits foreign direct investment (FDI) in the sector. Through this partnership with an international carrier, SpiceJet will get the access to economies of scale on procurement contracts and long-haul options for its passengers.
Recently, it expanded its network in Tier 2 and Tier 3 cities through introducing flights between Bangalore and Hubli in north Karnataka. The airline has also commenced bookings for this sector and the services will be commenced from September 27, 2012.
