Airline

SpiceJet to sell 5% stake to Carlyle Aviation Partners

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SpiceJet to sell 5% stake to Carlyle Aviation Partners

SpiceJet is about to sell 5% stake to its largest lessor Carlyle Aviation Partners, with the lessor agreeing to convert its outstanding lease rental into equity. The airline had been in discussions with strategic investors since last year for a stake sale to bring in funds, sources claim. SpiceJet w...

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