{"id":277443,"date":"2019-06-04T06:05:55","date_gmt":"2019-06-04T06:05:55","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=277443"},"modified":"2019-06-04T06:12:28","modified_gmt":"2019-06-04T06:12:28","slug":"spicejet-has-several-offers-for-stake-in-the-budget-airline","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejet-has-several-offers-for-stake-in-the-budget-airline\/","title":{"rendered":"SpiceJet has \u2018several offers\u2019 for stake in the budget airline"},"content":{"rendered":"<p>New Delhi: SpiceJet Ltd. has received many proposals to buy into the company, and the Indian budget carrier is willing to evaluate an offer only if it\u2019s strategic, its chairman and majority shareholder said.<\/p>\n<p>\u201cSpiceJet has enough cash,&#8221; Ajay Singh said in an interview, while attending an industry conference in Seoul. \u201cWe have to see if this serves SpiceJet\u2019s long-term interests, and when we come to that determination, we\u2019ll do something. These are typical in a situation when an airline is doing well and the market is as promising as India.&#8221;<\/p>\n<p>SpiceJet, which almost shut down in 2014 after running out of cash, scripted a comeback since original co-founder Singh played the white knight. The shares jumped almost 64% this year, hovering near their all-time high, as the grounding of debt-laden Jet Airways India Ltd.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: SpiceJet Ltd. has received many proposals to buy into the company, and the Indian budget carrier is willing to evaluate an offer only if it\u2019s strategic, its chairman and majority shareholder said. \u201cSpiceJet has enough cash,&#8221; Ajay Singh said in an interview, while attending an industry conference in Seoul. \u201cWe have to see if this serves SpiceJet\u2019s long-term interests, and when we come to that determination, we\u2019ll do something. These are typical in a situation when an airline is doing well and the market is as promising as India.&#8221; SpiceJet, which almost shut down in 2014 after running [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-277443","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/277443","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=277443"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/277443\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=277443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=277443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=277443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}