Troubled Indian airline SpiceJet in talks to raise $200m as losses widen, CFO resigns

Troubled Indian airline SpiceJet in talks to raise $200m as losses widen, CFO resigns

Visuals taken from Wikimedia Commons

SpiceJet is in talks with bankers to raise up to $200 million in fresh capital after reporting a wider quarterly loss, the battered Indian airline said in a regulatory filing.