NEW DELHI: Last October, SpiceJet had received feelers to acquire Jet Airways, but talks did not go far. As the lowcost carrier looks to add 40 aircraft to its fleet of 63, SpiceJet chairman Ajay Singh has told TOI that the airline was worried about Jet’s liability. While SpiceJet prepares to fly the planes leased from Jet from Friday, Singh insists that the decision to expand has not been taken in haste or under pressure. Excerpts:
Did you receive feelers from Jet Airways to take over the airline?
Yes, we had received feelers from Jet as well as bankers. That was inevitable because we are an airline operating in India and have been part of a turnaround story. We did look at it carefully, but size of the liability was too large for a relatively smaller airline like us.
