Fund raising key to SpiceJet's expansion plans

Shaheen Mansuri
moneycontrol.com

Low cost airline SpiceJet has some big expansion plans lined up this financial year. But much would depend on how effectively it will be able to raise capital to execute those plans. 
SpiceJet, which ranks fourth among domestic airlines, with a 14% market share, will expand its international operations from September. The company has ordered around 50 aircraft, eight of which will be delivered this financial year. It has already been flying on international routes