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...
Subscription Required
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.
Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password
Not a member? Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.
Related Content
