SpiceJet Gains on Carlyle Settlement

!spicejet SpiceJet shares rose over 5% intraday on September 11 after settling with Carlyle Aviation Partners, unlocking $89.5 million liquidity. The deal restructures $121 million lease obligations, with Carlyle receiving $50 million in equity shares. Chairman Ajay Singh termed it a milestone, easing liabilities amid the airline’s ongoing cash crunch and widening quarterly losses.