Had we needed to we could have actually raised a significantly higher amount. But we think that this amount is sufficient to fund SpiceJet’s expansion plan, which is to go from the current level of 25, 27, 28 aircraft to in excess of 100 aircraft in two years.
Asian markets plunge with Japan’s Nikkei diving nearly 8% after the big meltdown on Wall St
Asian shares nosedived on Monday after the meltdown Friday on Wall Street over U.S. President Donald Trump’s tariff hikes and the backlash from Beijing.