IndiGo seeks 57% higher borrowing limit to fund fleet expansion
· livemint.com
About 75% of the incremental borrowing capacity is expected to be used to finance aircraft through long-term finance leases, with the balance earmarked for capital expenditure and working capital.
New Delhi/Mumbai: InterGlobe Aviation Ltd, which operates India’s largest airline IndiGo, is seeking shareholder approval to raise its borrowing limit by 57% ...