NSE:SKYWAYS management interview: Skyways Air Services IPO Decoded: ₹620 Cr Debt, ₹399 Cr Fresh Equity & The Road Ahead | ET Now
ET Now, 2026-08-14. Video: https://www.youtube.com/watch?v=0wQ7keyfKak
- Fundraise deployment: Out of the 582 crore rupee fundraise (including 399 crores in fresh equity), 216 crores will go toward debt reduction and 130 crores toward working capital needs.
- Debt reduction targets: Consolidated gross debt currently stands at 620 crores and will drop to approximately 400 crores following the debt repayment from the fresh issue proceeds.
- Air export position: Skyways is India's largest air export cargo player with a 5.64% market share, reporting zero negative business impact from the West Asia crisis by pivoting across partner carriers.
- Freight revenue model: Ocean freight is billed on a per-TEU basis for full container loads and per-CBM basis for less-than-container loads, while air cargo freight is charged on a per-kilo basis.