Spicejet Raises Capital To Improve Financial Health, Prepare For Growth

SpiceJet 737-800
Credit: Rob Finlayson
Indian LCC Spicejet has confirmed plans for a major new share issue that should allow the carrier to ease some of the financial pressure it faces. Spicejet’s board unanimously approved the capital-raising proposal on Dec. 12, the same day the airline’s latest quarterly results were released. 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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