Section

SpiceJet settles Rs 93 cr dispute with Cross Ocean Partners

By Economic Times - 9 months ago
SpiceJet informed the Delhi High Court about settling its Rs 93 crore dispute with aircraft leasing firm Cross Ocean Partners. As part of the settlement, SpiceJet will acquire additional assets, including an airframe and an engine. The settlement is expected to result in substantial cost savings for SpiceJet. The airline recently settled with AerCap subsidiary Celestial Aviation at Rs 250 crore

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.