SpiceJet settles Rs 250 cr dispute with Celestial Aviation

SpiceJet has resolved its Rs 250 crore dispute with AerCap's subsidiary Celestial Aviation, announcing the mutual settlement of the $29.9 million disagreement. The resolution allows the airline to focus on fleet revamping and business development. SpiceJet recently raised Rs 316 crore in the second tranche of capital infusion, aiming for a total fund infusion of Rs 2,250 crore through share and warrant sales.
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