SpiceJet has finalized lease agreements for ten aircraft to prepare for the upcoming summer schedule, expecting higher demand. The airline recently settled disputes with three companies, saving around Rs 685 crore. Additionally, it plans to raise Rs 2,250 crore through share and warrant sales to finance expansion initiatives. Amid cost-cutting efforts, SpiceJet is set to lay off at least 1,000 employees, aiming to save Rs 100 crore annually. Read The Rest at :
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