India, June 25 -- On 24 June 2025, CRISIL Ratings has published an update stating 'CRISIL D ' Issuer Not Cooperating'. We would like to clarify that this does not reflect the current credit standing of the company.As on date, SpiceJet (the company) is rated CARE BB-; Stable / CARE A4 by CARE Ratings, which remains valid. This rating highlights the company's adequate liquidity position and anticipates an operational turnaround supported by recent fundraises and the promoter's long-standing experience in the industry. The Company also maintains a consistent track record of efficiently utilizing its operational fleet.It may also be noted that the CRISIL rating was linked only to a non-fund-based facility of Rs. 220 crore from Indian Bank, whic...