SpiceJet Looks To New Equity To Overcome Financial Challenges

Credit: Rob Finlayson
Indian LCC SpiceJet remains optimistic it can secure enough additional capital to continue its recovery, although the company’s auditors warn the carrier is in fragile financial condition. While reporting improved financial results for the June quarter, SpiceJet said it is in the process of raising...
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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