Thursday 25 December 2014
 
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SpiceJet

JPMorgan fund eyes $200m stake in India's SpiceJet

A fund managed by JPMorgan Chase is in advanced talks to partner with Indian carrier SpiceJet's co-founder for a planned $200 million investment into the cash-strapped airline, the Economic Times reported on Thursday, citing unnamed sources

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JPMorgan fund eyes $200m stake in India's SpiceJet

A fund managed by JPMorgan Chase is in advanced talks to partner with Indian carrier SpiceJet's co-founder for a planned $200 million investment into the cash-strapped airline, the Economic Times reported on Thursday, citing unnamed sources

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SpiceJet resumes flights after fuel row

Beleaguered Indian airline SpiceJet resumed flights yesterday following an agreement to pay cash for fuel purchases, hours after it grounded its fleet and stranded thousands of travellers. The no-frills airline, one of India's

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Spicejet cuts Q2 losses after filling more seats

Indian budget carrier SpiceJet lost Rs3.1 billion ($50.2 million) in the three months to September 30, the company said late on Friday, less than the Rs5.6 billion ($91 million) it lost last year after it lowered fares to fill more seats.

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SpiceJet 'seeks 7,000 seats a week to Qatar'

India's low-cost carrier SpiceJet has sought 7,000 seats a week to Qatar, according to a newspaper report. The report in the Times of India speculated whether the airline was in talks with Qatar Airways for a stake sale similar to t

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SpiceJet in deal to buy 40 Boeing jets

Indian budget airline SpiceJet has agreed to buy about 40 Boeing 737 jets worth over $4 billion at list prices, industry sources said, a move that could help the loss-making carrier as it seeks new investors. The deal includes a f

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SpiceJet launches debut Sharjah flights

Low cost carrier SpiceJet has launched its inaugural flight from the bustling Indian city of Pune to Sharjah, making it the airline's second destinantion in the UAE after Dubai.   The airline will be operating four days a

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Qatar Airways denies India foray

Qatar Airways is not interested in buying a stake in budget carrier SpiceJet Ltd or any other Indian airline, the  carrier's chief executive said on Tuesday. Shares in SpiceJet rose 4.1 percent on Tuesday after the Times of I

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Qatar Airways 'may buy stake in India's SpiceJet'

  India's low-cost carrier (LCC) SpiceJet is in talks with some foreign airlines to sell a stake in the company and Qatar Airways is the most likely investor, said a report.   A deal could mater

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Etihad in stake talks with top Indian carrier

UAE national airline Etihad Airways is in talks with loss-making Indian carrier Jet Airways for acquiring a minority stake and also a strategic partnership with the carrier, an Indian government source said. Talks between Jet and Etihad

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