SpiceJet has completed an equity share allotment to Carlyle Aviation Partners, reducing its liabilities by Rs 442.25 crore. This move secures USD 89.5 million in liquidity and provides long-term financial stability. The settlement also includes provisions for future lease obligations and USD 79.6 million in maintenance reserves.
SpiceJet clears ₹442 crore debt, completes equity share allotment to Carlyle Aviation Partners
The Economy Times Industry21 hrs ago
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