SpiceJet Looks To Raise Capital, Boost Balance Sheet

Credit: Money Sharma / AFP / Getty Images
Indian LCC SpiceJet intends to improve its financial condition by raising more capital while also expecting to benefit from compensation payments related to the grounding of its Boeing 737 MAX fleet. The carrier will seek shareholder permission to raise up to INR25 billion ($335 million) through the...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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