SpiceJet to raise Rs 2,250 crore through equity shares
Business | December 12, 2023 15:29 ISTFor the quarter ended September, the airline posted a net loss of Rs 428 crore.
For the quarter ended September, the airline posted a net loss of Rs 428 crore.
Spicejet business news: The budget airline expects a stronger balance sheet, post-hive-off of SpiceXpress. SpiceJet is one of India's airlines that has made flying affordable for Indians.
Trouble-hit SpiceJet is getting some sort of financial relief from the government's Emergency Credit Line Guarantee Scheme (ECLGS).
Mumbai: Amid reports of a possible stake sale, low-cost airline SpiceJet said it is exploring all options to mop up funds to overcome the cash crunch.The company did not divulge whether it is considering diluting
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