Exclusive: Spicejet will get an investor in two months
Sindhub • 11 years agoSpiceJet has been in talks with several investors over the past many months as it is severely cash starved and needs funds urgently. In the past, SpiceJet is believed to have held several rounds of discussions with Tigerair for a possible equity partnership though it has denied such talks. Other suitors include Qatar Airways but there has never been any confirmation on this either.<br /><br />
SpiceJet makes smart move with Tigerair but where are the funds?
Sindhub • 11 years agoThe pact involves no equity investment what so ever and a statement from SpiceJet made no reference to either the frantic hunt the airline has been conducting for a suitable partner nor reasons for reaching just an interline arrangement with Tigerair instead of getting some money. In many ways, investors of SpiceJet could see this announcement as a let down.
SpiceJet in talks with Singapore's Tiger Airways for stake sale
Fp Archives • 12 years agoLow-cost carrier SpiceJet is in active discussions with Singapore-based budget carrier Tigerair for a possible stake sale even as they are set to sign a code share agreement soon, sources said.
Does budget carrier Tigerair have enough cash to pump into SpiceJet?
Sindhub • 12 years agoTigerair is the first non-Gulf airline which is seen as an interested party. Sources said it is possible that a broad understanding has been reached between Tigerair and SpiceJet promoters but no deal has been signed till now.
Axis Bank-Tigerair join hands to offer freebies to customers
Fb_admin • 10 years agoSingapore-based Tigerair today joined hands with private lender Axis Bank to offer one-way free ticket (excluding other charges and taxes) on a return trip from Singapore for a limited period to the bank's credit and debit card holders.
Fare war: Now Tigerair offers Rs 5,999 one-way ticket to Singapore
Fp Archives • 11 years agoThe bookings under these special fares can be made within seven days starting from today with a travel validity period between 7 July to 22 October 2014, Tigerair said in a release in Mumbai.
Tigerair deal causes SpiceJet stocks to jump 12%
Fp Archives • 11 years agoSpiceJet is the first Indian low-fare airline to establish such an arrangement with a foreign airline. This partnership will result in a major boost for tourism and business travel between the two countries.