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SpiceJet resolves Rs 413 cr dispute with Echelon Ireland Madison One

By Economic Times - 8 months ago
SpiceJet announced the resolution of its Rs 413 crore dispute with Echelon Ireland Madison One, resulting in savings of approximately Rs 398 crore. The agreement includes the acquisition of two airframes. Following the announcement, SpiceJet's shares surged around 4.62%. This comes after the airline recently settled disputes with Cross Ocean Partners and Celestial Aviation

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