Archive · 20 Nov 2025
SpiceJet Clears Rs 442 Cr Debt, Completes Carlyle Equity Share Allotment
SpiceJet, an Indian airline, has successfully reduced its debt by Rs 442.25 crore by selling shares to Carlyle Aviation Partners.
This deal also brings in extra money for future aircraft maintenance.
Despite this, the airline had a bigger loss in the last quarter due to various expenses.
SpiceJet allots 10.41 crore equity shares to Carlyle Aviation Partners
Debt reduced by Rs 442.25 crore ($50 million)
Ajay Singh calls it a significant milestone in restructuring efforts
Settlement unlocks $89.5 million in liquidity
SpiceJet reports higher net loss of Rs 635.42 crore in Q2
- Who
- SpiceJet, Carlyle Aviation Partners
- What
- SpiceJet reduced debt and received funds for maintenance
- When
- Wednesday, Q2 2022
- Where
- India
- Why
- To strengthen SpiceJet's financial position and reduce liabilities
SpiceJet's Management
Shareholders
Debt Reduction
SpiceJet's Management
SpiceJet views the debt reduction as a significant step in restructuring.
Shareholders
Shareholders may see this as a positive move to improve the airline's financial health.
- Debt Reduced
- Rs 442.25 crore ($50 million)
- Shares Allotted
- 10.41 crore at Rs 42.32 per share
- Net Loss in Q2
- Rs 635.42 crore
