{"id":557781,"date":"2023-02-23T11:22:22","date_gmt":"2023-02-23T05:52:22","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=557781"},"modified":"2023-02-23T11:22:22","modified_gmt":"2023-02-23T05:52:22","slug":"spicejets-lessor-eyes-5-stake-for-100-million-dues","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejets-lessor-eyes-5-stake-for-100-million-dues\/","title":{"rendered":"SpiceJet&#8217;s lessor eyes 5% stake for $100 million dues"},"content":{"rendered":"<p>NEW DELHI: In a relief to SpiceJet, one of its biggest lessors, Miami-based Carlyle Aviation Partners, is planning to convert dues of over $100 million into about 5% stake in the low cost carrier. Additionally, Carlyle, which has leased 13 Boeing 737s to the airline, will convert a part of dues into CCDs of SpiceXpress at a future valuation of over $1 billion, said sources.<\/p>\n<p>SpiceJet is also in talks with other creditors to convert dues into equity. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: In a relief to SpiceJet, one of its biggest lessors, Miami-based Carlyle Aviation Partners, is planning to convert dues of over $100 million into about 5% stake in the low cost carrier. Additionally, Carlyle, which has leased 13 Boeing 737s to the airline, will convert a part of dues into CCDs of SpiceXpress at a future valuation of over $1 billion, said sources. SpiceJet is also in talks with other creditors to convert dues into equity.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[220,130,137],"tags":[],"class_list":["post-557781","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/557781","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=557781"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/557781\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=557781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=557781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=557781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}