Airlines Deals

American low-fare carrier MAXjet on Thursday refuted reports about talks on its acquisition by Kingfisher Airlines as “unfounded” and said no such discussions were on.

There is “no truth” in reports in the Indian media that liquor baron Vijay Mallya’s Kingfisher is in advanced talks with MAXjet for outright acquisition, the Washington Dulles-based carrier said in a statement.

“We never were, and currently are not, in any such discussion to sell MAXjet,” the airline’s CEO Gary Rogliano said.

The US airline currently operates three Boeing 767s within the US and to the UK and is in negotiations to acquire two more aircraft.