AIRCRAFT LESSOR TO BUY STAKE IN SPICEJET TO SETTLE DISPUTE
Hindustan Times Ranchi|December 20, 2024
SpiceJet on Thursday said aircraft lessor Genesis will acquire a stake worth $4 million in the airline as part of settling a more than $16 million dispute.
Press Trust of India

NEW DELHI: For the settlement, the airline will also pay $6 million to Genesis.

The budget carrier, which recently raised ₹3,000 crore amid financial headwinds, has been settling various disputes with lessors and other entities.

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Hindustan Times Ranchi

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Hindustan Times Ranchi

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