Free Trial

Air Finance Journal
Search advanced search
Air Finance Journal Copying and distributing are prohibited without permission of the publisher

Kingfisher to raise $100 million

01 September 2009

The carrier will raise the funds through instruments including global depositary receipts and also plans to increase its share capital

Read more: Kingfisher Vijay Mallya global depositary receipts rights issue

Kingfisher Airlines is set to raise $100 million through a new fundraising initiative, the airline said yesterday.

The carrier, owned by Vijay Mallya, said in a statement to the Bombay Stock Exchange that it will raise the money...


Quote

"I'm doing some overbooking. We know that there will always be some cancellations."

John Leahy, chief operating officer, customers, Airbus

Upcoming Events