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SpiceJet Shares Gain as Company Signs Agreement to Resolve USD 90 8 Million Liabilities

Under the agreement s terms, SpiceJet will acquire full ownership of 13 EDC-financed Q400 aircraft, bolstering the airline s operational capabilities and fleet management.

Ajay singhDevelopment canadaSpicejet shares gainCompany signs agreementJet shares gainExport development canadaManaging directorBusiness newsSpicejet news

SpiceJet to own 13 Bombardier Q400 planes after Rs 755-cr settlement with EDC, shares soar 6%

The settlement will generate savings to the tune of Rs 567 crore for the airline.

Ajay singhSpicejet ltdDevelopment canadaExport development canadaManaging director

SpiceJet inks deal with Export Development Canada to settle liabilities worth $90 million

The liabilities stem from a loan acquired in 2011 to procure 15 aircraft

Ajay singhDevelopment canadaExport development canadaManaging director

SpiceJet seals settlement deal with EDC to resolve Rs 755-cr liabilities, stock surges

Under the agreement's terms, SpiceJet will acquire full ownership of 13 EDC-financed Q400 aircraft, bolstering the airline's operational capabilities and fleet management.

Ajay singhDevelopment canadaExport development canadaManaging directorPicejet settlement edcSpicejet sharesSpicejet stock

India s SpiceJet to own 13 Bombardier Q400 planes after $91-million settlement with Canadian agency

India s SpiceJet to own 13 Bombardier Q400 planes after $91-million settlement with Canadian agency
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