SpiceJet shares snap 6-day losing streak. What’s behind the surge today?

SpiceJet shares surged 5% to Rs 34.85, ending a six-day losing streak, after the airline reached a financial settlement with Carlyle Aviation Partners. The deal provides $79.6 million for engine maintenance, $9.9 million in cash, and equity worth $50 million, strengthening the balance sheet. The airline reported a Rs 234 crore net loss in Q1 FY2026 amid geopolitical and operational challenges.