20-Apr-2009 11:34 AM

SpiceJet soars as IndiGo takeover looms? SHARE WRAP

Analysis

Indian LCC SpiceJet is rumoured to be in talks to acquire a 7.5% stake in rival IndiGo. The carriers are of similar size (SpiceJet has a 12.1% domestic market share, IndiGo 13.5%), but they operate different fleets (SpiceJet has B737NGs and Indigo operates A320s).

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SpiceJet soars as IndiGo takeover looms? SHARE WRAP

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