Press Release28 Feb 2024, 07:19 pm
SpiceJet and AerCap Settle $29.9 Million Dispute SpiceJet to Save INR 235 Crore
AI Summary
SpiceJet and Celestial Aviation, a subsidiary of AerCap, have settled their $29.9 million dispute through amicable negotiations, avoiding litigation. The settlement marks a significant step forward for both parties and underscores their commitment to finding amicable solutions to complex challenges.,
Key Highlights
- SpiceJet and AerCap settle $29.9 million dispute
- SpiceJet to save INR 235 crore
- Settlement marks a significant step forward for both parties
- Part of the settlement funds will be allocated towards settling past liabilities