GoAir is in the market to raise $200 million (Rs 1,100crore) in equity to reduce its debt. The airline is willing to offer some of its real estate assets as collateral to raise $200 million from private equity groups. GoAir Managing Director Jeh Wadia has declared that the airline is not looking for...
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PARAMOUNT AIRWAYS COULD BE BACK IN THE AIR SOON
By
Dino D'Amore
1st November 2010