JetSetGo (Delhi International) is looking to secure USD900 million in new funds to facilitate the acquisition of 12 new mid-sized twin-engine aircraft, and it also has plans for an initial public offering (IPO) that could take place in 2027 or 2028, the newspaper BusinessLine reported citing the company’s founder and chief executive Kanika Tekriwal.

“We are observing a preference for larger aircraft among our members,” Tekriwal said, adding that it will finance the acquisition of aircraft capable of operating with a…

Source: ch aviation
Read more: India’s JetSetGo eyes 0mn capitalisation, new aircraft