'Mutually beneficial': SpiceJet resolves dispute with Engine Lease Finance Corporation
ELFC, which had previously claimed $16.7 million, has agreed to settle for an undisclosed amount, which is lower than the initial claim, the airline said in a statement ...
Sensex, Nifty Struggle For Direction In Early Trade
The benchmark 30-shae BSE Sensex was up 36 points at 84,950 in early trade while the broader NSE Nifty index was down 3 points at 25,937. Power Grid Corp gained more than 4 percent after bagging a new ...
Another regional airline risked bankruptcy over rising debt
Launched in the 1990s out of Delhi through a partnership with Lufthansa  (DLAKF) , low-cost carrier SpiceJet is now the fifth-largest airline in India when it comes to passengers carried. It is most ...
SpiceJet settles $16 million dispute with engine leasing company ELFC
SpiceJet has resolved its dispute with Engine Lease Finance Corporation by reaching a financial settlement. This comes after ...
SpiceJet finalizes settlement with Engine Lease Financial Corporation
SpiceJet has settled its $16.7 million dispute with Engine Lease Finance Corporation for an undisclosed lower amount. The ...
SpiceJet resolves dispute with Engine Lease Finance Corp through amicable settlement
SpiceJet resolves dispute with ELFC through amicable settlement, strengthens position for growth with successful QIP ...
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SpiceJet settles million-dollar dispute with lessor, aims for 100 planes by 2026
The Indian low-cost carrier SpiceJet has struck a settlement with Engine Lease Finance Corporation to resolve a $16.7 million ...
SpiceJet Finalises Settlement with Engine Lease Finance Corporation to Resolve USD 16.7 Million Liabilities
SpiceJet has successfully raised INR 3000 crore through its recently concluded Qualified Institutional Placement (QIP), which investors significantly oversubscribed.