Funding and debt▲ Bullish for Indian equities
SpiceJet Receives Rs 150 Crore ECLGS 5.0 Disbursement; FIA Seeks Faster Disbursement Of Airline Credit
The brief
- SpiceJet received a ₹150 crore ECLGS 5.0 disbursement
- FIA said timely liquidity would help airlines meet operational and working-capital needs
- The funds provide working capital to SpiceJet, but airline liquidity needs remain elevated