Credit: Idrees Mohammed/AFP/Getty Images
Indian LCC SpiceJet has launched a major fundraising initiative to shore up its financial position. The carrier announced its intent to raise INR30 billion ($357 million) through a qualified institutional placement of shares after reporting a profit for the second consecutive quarter on Aug. 14. The...
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SpiceJet Initiates New Effort To Raise Funds To Stabilize Business is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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