Search result for 'carlyle aviation'

SpiceJet settles with Carlyle Aviation Partners, unlocking USD 89.5 mn liquidity and restructuring lease dues of USD 121.18 mn.

SpiceJet has settled a USD 16 million dispute with aircraft lessor Genesis. As part of the settlement, Genesis will acquire a USD 4 million stake in the airline. Read more.

SpiceJet has reached a settlement agreement with Carlyle Aviation, resulting in a USD 40.17 million lease arrears write-off and a significant increase in Carlyle's stake in the struggling airline.

SpiceJet CEO Ajay Singh announces upcoming flights to Lakshadweep and Ayodhya, fueled by a recent Rs 2,250 crore fund infusion. The airline aims to become stronger and expand its operations.

SpiceJet reported a consolidated loss of Rs 446.09 crore in Q2 FY24, down from Rs 829.98 crore a year ago, as the airline cut expenses.