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SpiceJet and Babcock & Brown Aircraft Management settle $131.85 mn dispute

By Economic Times - 14 hours ago
SpiceJet has settled a $131.85 million dispute with Irish aircraft lessor Babcock & Brown Aircraft Management for $22.5 million, marking a significant financial milestone for the airline. This settlement follows SpiceJet's recent successful resolution of another dispute with Engine Lease Finance Corporation, which had claimed $16.7 million.

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