India's SpiceJet jumps on report of interest from Carlyle Aviation

Spicejet

10/01/2024 05:06

** Shares of cash-strapped airline SpiceJet  SPJT.BO  rise
as much as 5.5% to 65.60 rupees
    ** Carlyle Aviation Partners is interested in SPJT; recently
discussed prospects and strategies for SPJT and cargo unit
SpiceXpress - CNBC TV18 report
    ** Carlyle Aviation Partners is an aviation investment arm
of private equity firm Carlyle Group  CG.O   
    ** SPJT, Carlyle Aviation Partners and Carlyle Group did not
immediately respond to requests for comment from Reuters 
    ** Stock last up 3.5%, SPJT up 7% so far this month
    ** Trading volume of 5.7 mln shares about a third of the
30-day avg volume
    ** Stock rose nearly 55% in 2023, after three straight years
of losses 
    

 (Reporting by Rama Venkat in Bengaluru)
 ((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607;))