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SpiceJet Aligns with Carlyle Aviation, Sheds Rs 442 Crore Liabilities

Transportation

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Published on 19th November 2025, 10:48 AM

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Author

Simar Singh | Whalesbook News Team

Overview

SpiceJet has successfully completed the allotment of equity shares to global firm Carlyle Aviation Partners. This strategic move significantly reduces the airline's liabilities by Rs 442.25 crore (USD 50 million), enhancing its financial stability and providing crucial liquidity and maintenance reserves to support ongoing restructuring and fleet revival efforts.