Indian carrier IndiGo to raise at least $268m via sale, leaseback of assets

Indian carrier IndiGo to raise at least $268m via sale, leaseback of assets

Photo: Reuters

IndiGo, India’s largest airline, said on Wednesday it planned to raise at least 20 billion ($268 million) through the sale and leaseback of planes and other assets, after reporting its steepest quarterly loss in at least five years.