SpiceJet's shares surged by 5.5% on September 9, 2024, following a restructuring deal with Carlyle Aviation that converts $40 million of dues into equity. The airline also plans a promoter stake sale to raise additional funds, aiming to restore grounded aircraft and stabilize its financial position amid ongoing challenges.
Dallas/Fort Worth International Airport has launched a $9 billion improvement project to expand terminals, increase gate capacity, and enhance baggage handling systems. The overhaul aims to modernize the airport, boost efficiency, and incorporate sustainable practices, with completion expected over the next decade.