vimarsana.com

Page 5 - இன்டர்லோப் விமான போக்குவரத்து லிமிடெட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

IndiGo to raise up to ₹3,000 crore

IndiGo to raise up to ₹3,000 crore Updated: Updated: Share Article AAA Budget carrier IndiGo will raise up to ₹3,000 crore through a qualified institutional placement (QIP), the company said in a filing. The decision was taken by the board of directors of the parent company, InterGlobe Aviation Ltd. The airline was contemplating this move last year as well, but decided to opt for sale-and-lease back (that allows airlines to sell its planes to a lessor, and then take them back on lease) to raise funds. The decision to raise funds comes at a time when revival of travel demand is in doubt following the second wave of COVID-19. The airline had reported its fourth straight quarterly loss of ₹620 crore for December.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.