SpiceJet plans to raise USD 250 mn in next couple of months: Airline Chief Ajay Singh

SpiceJet Chief Ajay Singh announced plans to raise around USD 250 million in the next few months to boost operations amid challenges such as lessor and debt issues. Singh expressed confidence in overcoming obstacles, stating the airline's balance sheet will be strengthened over the next two quarters. Despite current challenges, SpiceJet aims for growth and stability, with plans to expand its own fleet while emphasizing the importance of aviation hubs in India.
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