In your interest.
Online Personal Finance Magazine
No beating about the bush.
Bankers and equity investors will be hurt by the way airlines are piling on debt
The way the aviation sector is loading up on debt and equity, is certain to hurt lenders as well as equity investors. Air India is looking for additional equity of Rs5,000 crore over three years. Indian Airlines has planned a big expansion to buy a new fleet and wants to raise equity funding of Rs3,000...