SpiceJet to sell 25% stake to Kuwait Airways: Report

15 Jul 2013

SpiceJet is reportedly planning to sell 25% stake to Kuwait Airways for around Rs 1000 crore. Recently, civil aviation minister Ajit Singh said that domestic airlines like SpiceJet and GoAir are reported to be in talks with potential investors for stake sale transaction.

SpiceJet is the fourth largest airline and operates over 350 daily flights to over 47 domestic cities and eight international destinations. It has got 19.9% market share.

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Spice Jet Share Price

87.55 -1.35 (-1.52%) Mar 04, 18:59
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Company Name CMP
Interglobe Aviation 1798.90
Jet Airways (I) 122.80
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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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