GURUGRAM, September 23, 2025: SpiceJet has achieved a second credit rating upgrade in a month, signalling the company’s improved credit profile, strengthened liquidity position, and sustained focus on financial discipline. Acuité Ratings & Research has upgraded the airline’s long‐term credit rating to BB (Stable) from BB‐ (Stable).

The short‐term rating has been reaffirmed at A4+. Acuité, a SEBI‐registered credit rating agency, in a note highlighted SpiceJet’s ongoing fleet induction plans, successful settlement agreements with key lessors and robust operational roadmap as critical factors behind the upgrade.

Acuité had earlier upgraded the airline’s long‐term credit rating to BB‐ (Stable) and short‐term rating to A4+. Following additional information and clarity provided by the airlin

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