SpiceJet settles a $90.8 million EDC dispute saving $68.3 million; gets ownership of 13 Q400 aircraft
- Posted on November 14, 2024
- By Financial Express
- 2 Views
SpiceJet settles a $90.8 million EDC dispute saving $68.3 million; gets ownership of 13 Q400 aircraft
Ajay Singh, Chairman and Managing Director, SpiceJet, said, “This resolution allows us to move forward with a strengthened balance sheet and focus on getting our Q400 aircraft back into service as quickly as possible.”
