![SpiceJet 737-800](/sites/default/files/styles/crop_freeform/public/2024-09/spicejet_boeing_737-800_source_rob_finlayson.png?itok=3ccJCfq3)
Credit: Rob Finlayson
Indian LCC SpiceJet has taken another step toward shoring up its finances by striking a deal with one of its lessors to convert debt to equity. The airline announced on Sept. 10 that it has reached a settlement agreement with Carlyle Aviation that will see the lessor write off $40.2 million in lease...
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SpiceJet Secures Second Debt-to-Equity Swap With Carlyle is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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