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Aviation
Carlyle Aviation to pick up 7.5% stake in SpiceJet

Carlyle Aviation to pick up 7.5% stake in SpiceJet

SpiceJet Ltd. has restructured over $100 million outstanding dues to Carlyle Aviation Partner, into equity shares and compulsorily convertible debentures (CCDs). Aircraft lessor, Carlyle Aviation Partners is the commercial aviation investment and servicing arm of

Aviation
IndiGo co-founder Rakesh Gangwal resigns from Board

IndiGo co-founder Rakesh Gangwal resigns from Board

One of the co-founders of Indian airline IndiGo, Rakesh Gangwal, has resigned from the board, its parent company Interglobe Aviation said in an exchange filing on Friday. Gangwal, a non-executive, non-independent director intends to slowly

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