Airnetz Aviation To Raise $100 Mln For Expansion
Private jet, helicopter and turbo-prop charter service provider, Airnetz Aviation plans to raise $100 million over the next 2-3 years to fuel its overseas expansion and fund its aircraft acquisition programme.
The company is presently in advanced stages of negotiations with investors from India, Singapore and the US to raise these funds.
However, the company did not divulge the identities of the investors the company is in talks with. The company hopes to seal its funding over the next two months.
Apart from this, Airnetz plans to bring single- and twin-engine aircraft that would travel affordable to the masses.
Recently, the company has launched an online charter arrangement service through its website (www.booknetz.com) to enable customers to hire aircraft easily. The company plans to invest $ 5-million into its online business to take this service global.