SpiceJet (SG, Delhi Int'l) has refuted online press reports that Kuwait Airways (KU, Kuwait) was about to acquire a 25% stake in the Indian LCC. In a press statement, Spicejet said that a news article in India's VCCircle suggesting that the Kuwaitis were about to come onboard as a strategic partner "is totally untrue and without any substance." Qatar Airways (QR, Doha Hamad Int'l) has also been linked to potential deal with Spicejet, though this too has been dismissed as pure speculation. In January, Spicejet said it had received "some interest" from potential investors, but added that it would be premature to discuss the possibility of any concrete investments.