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Aviation
SpiceJet settles dispute with Lessor, saving costs

SpiceJet settles dispute with Lessor, saving costs

  SpiceJet has officially resolved a USD 49.8 million (INR 413 Crore) dispute with Echelon Ireland Madison One Ltd., marking a significant achievement for the airline. This settlement not only translates to substantial cost savings

Aviation
SpiceJet, Cross Ocean Partners settle USD 11.2mn dispute

SpiceJet, Cross Ocean Partners settle USD 11.2mn dispute

SpiceJet has reached a settlement terms with aircraft leasing firm, Cross Ocean Partners, resolving a dispute of about USD 11.2 million (INR 93 crore). The parties made this joint announcement before the Delhi High Court

Aviation
SpiceJet and Celestial Aviation reach agreement on aircraft lease

SpiceJet and Celestial Aviation reach agreement on aircraft lease

  Budget carrier SpiceJet Limited disclosed a resolution with aviation lessor Celestial Aviation before the National Company Law Tribunal (NCLT). The airline has commenced payment processes under the agreement and seeks an extra week to

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