Etihad Airways and Qatar Airways are reportedly in talks to acquire a minority stake in low-cost Indian carrier SpiceJet.
According to a report by India's Business Standard, which cited sources familiar with the development, the Gulf airlines are mulling the move as the Indian government considers allowing overseas airlines to invest in domestic carriers.
When asked about the potential deal, a SpiceJet spokesperson told the paper: "Some foreign carriers have expressed interest in picking up a stake in SpiceJet if there would be a change at the policy level by the government.
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