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 Now Vijay Mallya is planning to get some stakes in spiceJet airlines. The thirst to get control of Second low-cost airline in the country is getting heated up, as Kingfisher group is eyeing for this deal.
But, now we need to wait and watch, how will SpiceJet respond, in negative or positive. After making the deal with Air Deccan, India's largest low-cost airline, this deal would mean the quality and standards of airlines and relationships between aviation industry may increase.
This news is only a hint given by Kingfisher group. At present SpiceJet flies 83 daily flights reaching out to 14 cities and holds 9% market shares.
Vijay Mallya responded in positive tone saying "I am certainly interested, and if you are asking me if I am talking about it, the answer is no. Am I going to get it? The answer is I don’t know.”
“I respect the independence of the SpiceJet shareholders and board. If they want to do something, I am sure they will invite me to talk with them. If they don’t want to do anything, we will just work together because a part of my strategy in acquiring Deccan Aviation was to make sure that the industry becomes more profitable and that everybody works together to achieve that", Said Vijay Mallya.
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