SpiceJet finalizes settlement with Engine Lease Financial Corporation
SpiceJet has settled its $16.7 million dispute with Engine Lease Finance Corporation for an undisclosed lower amount. The airline raised Rs. 3000 crore through a highly successful Qualified Institutional Placement, attracting top-tier institutional investors and mutual funds, significantly boosting its financial standing and positioning it well for future growth and expansion.
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SpiceJet has settled its $16.7 million dispute with Engine Lease Finance Corporation for an undisclosed lower amount. The airline raised Rs. 3000 crore through a highly successful Qualified Institutional Placement, attracting top-tier institutional investors and mutual funds, significantly boosting its financial standing and positioning it well for future growth and expansion. 
