SpiceJet
Infrastructure
Carlyle Aviation to write off $40 mn of SpiceJet's lease arrears
India's SpiceJet said on Tuesday that Carlyle Group's commercial aviation investment and servicing unit will write off $40.2 million of ......
Infrastructure
Go First bidder raises offer after nudge from bankers
One of the two bidders for bankrupt Indian airline Go First has raised its offer following a nudge from lenders, ......
Infrastructure
SpiceJet's Ajay Singh submits bid for GoFirst
Indian budget carrier SpiceJet Managing Director Ajay Singh, in his personal capacity, and Busy Bee Airways have jointly submitted a ......
General
Grapevine: Alta Capital in fray for Indian housing firm; Cred eyes M&A
Former Blackstone executive Siddhartha Gupta's real estate investment management firm Alta Capital has emerged as the frontrunner to buy out ......
Infrastructure
UK's SRAM & MRAM Group to invest $100 mn in SpiceXpress
India's SpiceJet Ltd said on Monday that UK-based SRAM & MRAM Group will invest $100 million in its cargo division ......
Infrastructure
Carlyle's aviation investment arm converts SpiceJet's dues into equity
Low-cost carrier SpiceJet Ltd said Carlyle Aviation now holds a 7.5% stake in the airline after converting $100 million of ......
Infrastructure
Carlyle's aviation investment arm to pick up SpiceJet stake in debt-equity swap
No-frills domestic airline SpiceJet on Monday said its board at its meet on Febraury 27, 2023 has approved to transfer ......
Infrastructure
SpiceJet to hive off cargo, logistics business to subsidiary
SpiceJet, India’s second-largest airline by passengers, will hive off its cargo and logistics services via a slump sale to subsidiary ......
General
Grapevine: Tata group pulls ahead of SpiceJet promoter in race for Air India; Hexaware on block
Tata Sons has quoted a price higher than SpiceJet promoter Ajay Singh for Air India in a preliminary bidding round, ......
Finance
US stressed assets firm Avenue Capital partners SpiceJet over aircraft
SpiceJet, India’s second-largest airline by passengers, has announced a tie-up with US investor Avenue Capital for financing, acquisition, sale and ......