SPICEJET
SPICEJET reached agreement with CARLYLE AVIATION PARTNERS to reduce US$137.7m in outstanding lease obligations to US$97.5m and convert portion of debt into equity shares at price of INR100 each not to exceed US$30m.
Subscription Required
SPICEJET is part of our SpeedNews subscription.
Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.
Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.