SpiceJet says Carlyle Aviation to write off lease arrears worth $40.17 million

SpiceJet says Carlyle Aviation to write off lease arrears worth .17 million

SpiceJet had mentioned about the settlement pact with Carlyle Aviation, which had earlier also restructured certain debt with the airline. | Photo Credit: Reuters SpiceJet on Tuesday (September 10, 2024) said Carlyle Aviation will write off aircraft lease arrears worth $40.17 million as part of a settlement agreement that will also result in the entity … Read more

Spicejet plans to raise over ₹3,200 crore via debt, equity

Spicejet plans to raise over ₹3,200 crore via debt, equity

Image used for representative purpose only. | Photo Credit: Reuters Cash-strapped domestic carrier Spicejet plans to raise ₹3,200 crore through QIP, warrants and capital infusion by the promoter, the airline said in a presentation on Friday (September 6, 2024). The funds will be utilised in taking back the grounded fleet in operations, liability settlement, new … Read more