Discovery Capital has fully exited its investment in SpiceJet by selling its 2.2% stake, signaling a strategic withdrawal from the embattled Indian low-cost airline. The divestment comes at a time when SpiceJet continues to navigate financial turbulence, operational challenges, and intensifying competition in the aviation sector. The stake sale, executed via open market transactions, underscores growing investor caution toward the airline’s long-term viability and performance outlook.