VCCircle

When every airline is looking at private equity to fund their expansion plans, this one is not. Vija Mallya's Kingfisher Airlines, which placed orders for 30 Airbus A320 aircraft worth $1.9 billion at the ongoing Dubai Air Show, said it would look at public market to finance the deal.

"So far a mix of equity and debt has met all our deposit and pre-delivery payments for the aircraft orders. Going forward, we would have to take the company public," its chairman and managing director Vijay Mallya said in Dubai. (Via Rediff)

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