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- Important
- Financial Update
- Fund Raise
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SpiceJet's investor presentation highlights significant operational growth and financial strengthening. The airline aims to double its operational fleet and nearly triple Available Seat Kilometers (ASKM) by end-2025. So far, 15 new aircraft have been added and two grounded planes rejoined the fleet, with six more targeted by early summer 2026. Strategic wins include settling with Carlyle Aviation Partners, unlocking $79.6 million cash, and fully paying Credit Suisse $24 million, boosting liquidity and balance sheet strength. Credit ratings improved to CRISIL A4+ and Acuité BB (Stable). For the quarter, total income was 827 Cr and total expenses 1,462 Cr. Leadership expanded with a new Executive Director and Vice President.