First Flight scouts for strategic investor

First Flight Couriers, the country’s second largest domestic courier company, is scouting for a strategic investor to fund its logistics foray and expansion plans in aviation.

The company, which recently started dedicated cargo airline services, is likely to dilute 10 to 20 per cent stake to fund its expansion. It plans to invest Rs 200 crore to Rs 250 crore on the same.

Click for complete article


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: