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SpiceJet Offers Equity to Carlyle Against $121 Mn Lease Obligations
The New Indian Express Kannur
|June 16, 2025
DEBT-RIDDEN budget airline SpiceJet Limited will issue equity shares of the company to Carlyle Aviation Management Limited (CAML) in lieu of outstanding aircraft lease obligations totaling $121 million as of March 31, 2025.
This agreement aims to deleverage the airline's financial statements and represents a crucial step in its ongoing efforts to stabilize its operations.
Dit verhaal komt uit de June 16, 2025-editie van The New Indian Express Kannur.
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The New Indian Express Kannur
Cloud seeding fails to open up the skies in Delhi
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Centre reviews progress on teaching higher edu in Indian languages
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A DIVIDED MAHUA HEARS THE FLUTE
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Amid setback, C’garh Maoists rejig top deck to keep banned outfit’s morale
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Cong warns of 'Nepal-like' stir over farmers' demands
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VINTAGE ROHIT, VIRAT SET TONE FOR WC 2027
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