 "goair")
Go Airlines (India), which operates the Go First brand, is looking to raise Rs 3,600 crore from its initial public offering (IPO) and planning to launch the share sale by December 8.
The anchor issue will be launched a day earlier on December 7.
The IPO proceeds will be used to retire debt, and pay oil companies and lessors.
The company is strengthening its cost-saving measures and evaluating higher-capacity Airbus A321neo aircraft after posting a Rs 923-crore net loss in the first half of FY22. The Wadia-group controlled airline’s loss for the period has more than tripled from Rs 299 crore in the
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