Airlines Debt
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Kingfisher Airlines Case: CBI To Send Letters Rogatory To US, UK, France, Hongkong
The CBI will soon be sending judicial requests to at least five countries, including the US and the UK, to seek information about alleged diversion of loans received by now defunct Kingfisher Airlines from IDBI Bank.
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AirAsia To Raise $259 Million To Slash Debt
Malaysia-based AirAsia, the region's biggest budget carrier by fleet size, said on Friday it plans to raise 1.0 billion ringgit ($259 million) by selling shares to help cut its debt and finance the purchase of new aircraft.
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Kingfisher Airlines Case: CBI To Send Letters Rogatory To US, UK, France, Hongkong
The CBI will soon be sending judicial requests to at least five countries, including the US and the UK, to seek information about alleged diversion of loans received by now defunct Kingfisher Airlines from IDBI Bank.
-
AirAsia To Raise $259 Million To Slash Debt
Malaysia-based AirAsia, the region's biggest budget carrier by fleet size, said on Friday it plans to raise 1.0 billion ringgit ($259 million) by selling shares to help cut its debt and finance the purchase of new aircraft.
