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Tag: spicejet funding problems

SpiceJet chairman Ajay Singh may sell over 10% stake in airline to raise funds

Posted on September 8, 2024 By admin
SpiceJet chairman Ajay Singh may sell over 10% stake in airline to raise funds

SpiceJet, which had a fleet of 74 planes in 2019, is currently operating around 20 aircraft. | Photo Credit: Reuters SpiceJet promoter and chairman Ajay Singh may offload more than 10% stake in the struggling carrier as part of the latest funding round that is expected to close by the end of September, according to…

Read More “SpiceJet chairman Ajay Singh may sell over 10% stake in airline to raise funds” »

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