The chairman and managing director of SpiceJet (SG, Delhi International) has confirmed lodging a bid to buy Go First (GOW, Mumbai International) in conjunction with Busy Bee Airways Private Limited (BBAPL). Sharjah-based Sky One has also submitted a bid to buy the insolvent LCC.

In a February 16 filing with the Bombay Stock Exchange, SpiceJet said Ajay Singh’s deal with BBAPL is “a significant strategic move that has the potential to reshape the landscape of the Indian aviation sector and position SpiceJet for substantial growth in the…

Source: ch aviation
Read more: MD of India's SpiceJet confirms joint bid to buy Go First