Aviation News

January 15, 2013

India’s SpiceJet Shares Jump On Stake Sale Talk

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By: AFP
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India’s SpiceJet shares jump on stake sale talk (via AFP)

Shares in India’s budget airline SpiceJet rose nearly five percent on Tuesday as the airline said foreign carriers had expressed interest in acquiring a stake. Shares in SpiceJet, which has a 19.5 percent market share, closed up 4.75 percent at 45.85 rupees, having climbed eight percent at one stage…