SpiceJet share price gained more than 5 percent during intraday trading on the BSE on Thursday, September 11, despite a subdued market mood. The rally came after the airline confirmed receiving a $89.5 million liquidity infusion through its settlement with Carlyle. The stock began the session at ₹33.49 compared to its previous close of ₹33.06, touched a high of ₹34.85 with a 5.4 percent jump, and later eased to trade around ₹33.80 at 10:25 am. At that point, the benchmark Sensex was flat near 81,415.
The company highlighted that the Carlyle settlement substantially improves its liquidity position and aids ongoing restructuring measures. Ajay Singh, Chairman and Managing Director of SpiceJet, said that the deal is a crucial step forward. According to him, Carlyle’s support reflects strong confidence in SpiceJet’s long-term business outlook. He added that the arrangement reduces liabilities, reinforces the balance sheet, and sets a foundation for sustainable expansion.
The settlement with Carlyle Aviation Partners and its affiliates involves restructuring lease obligations amounting to $121.18 million, along with the issuance of equity shares valued at $50 million. Under the agreement, if the lessors earn more than $50 million from selling the allotted shares, a part of the additional proceeds will be used to adjust future lease dues.
Separately, on Friday, September 5, 2025, the airline announced its financial results for the April to June quarter of FY 2025–26. SpiceJet reported a consolidated net loss of ₹234 crore in the first quarter, in contrast to a net profit recorded during the same period in the previous year.