IndiGo To Raise At Least Rs 2,000 Crore Via Leaseback Of Planes, Other Assets

IndiGo, India's largest airline, said on Wednesday it planned to raise at least Rs 2,000 crore through the sale and leaseback of planes and other assets, after reporting its steepest quarterly loss in at least five years. Chief Financial Officer Aditya Pande said the airline, owned by Interglobe Aviation Ltd, would consider raising even more than Rs 2,000 crore and the board would meet on Thursday to discuss this. "Managing cash cont...