SpiceJet clears $90.8 million EDC debt, secures full ownership of 13 planes
As part of the settlement, SpiceJet has acquired full ownership of 13 Q400 aircraft previously financed by EDC ...
The Financial Express15h
SpiceJet settles a $90.8 million EDC dispute saving $68.3 million; gets ownership of 13 Q400 aircraft
Ajay Singh, Chairman and Managing Director, SpiceJet, said, “This resolution allows us to move forward with a strengthened ...
SpiceJet shares rise over 3% after settling Rs 763 crore dispute with Canada's EDC, acquires ownership of 13 Q400 planes
SpiceJet's acquisition of 13 EDC-financed Q400 aircraft will enable it to launch additional flights on regional and UDAN ...
rediff.com14h
SpiceJet settles $90.8 mn dispute; now owns 13 Q400 planes
SpiceJet on Thursday said it has settled a $90.8 million dispute with Export Development Canada for a total consideration of ...
SpiceJet shares surge 5% after $90.8 million settlement with EDC; acquires 13 aircrafts
SpiceJet resolves aircraft financing dispute, secures full ownership of 13 Q400 planes, leading to significant savings and ...
Flightglobal9h
SpiceJet to add more routes after ‘milestone’ settlement to secure 13 Q400s
Restructuring Indian low-cost carrier SpiceJet will add more flights using reactivated De Havilland Canada Dash 8 Q400s after ...
cnbctv1814h
SpiceJet settles dispute with Canada's EDC; takes ownership of 13 Q400 planes
SpiceJet on Thursday said it has settled a USD 90.8 million dispute with Export Development Canada for a total consideration ...
money.rediff15h
SpiceJet Settles Dispute, Takes Ownership of 13 Q400 Planes
SpiceJet has settled a USD 90.8 million dispute with Export Development Canada for USD 22.5 million, taking ownership of 13 ...
SpiceJet shares jump 6% as airline resolves $91 million dispute. Details here
The scrip traded lower than the 5-day, 10-, 20-, 30-, 50-, 100-, 150-day and 200-day simple moving averages (SMAs). The stock ...
The Telegraph14h
SpiceJet settles $90.8 million dispute with Export Development Canada; takes ownership of 13 Q400 planes
SpiceJet on Thursday said it has settled a USD 90.8 million dispute with Export Development Canada for a total consideration ...
SpiceJet settles its dispute with Export Development Canada for $22.5 million
SpiceJet today announced that it has fully settled a $90.8 million (Rs 763 crore) dispute with Export Development Canada (EDC) for a total of $22.5 million, now paid in full by the airline. This ...
ndtvprofit13h
SpiceJet Resolves Rs 763-Crore Liability, Fully Acquires 13 Aircrafts
As part of the agreement, SpiceJet has gained ownership of 13 Q400 aircraft, that were previously financed by EDC. The airline anticipates that owning these planes will lead to substantial reductions ...