
Press Release14 Mar 2024, 03:56 pm
SpiceJet Finalises Lease Agreements for 10 Aircraft and Announces INR 685 Crore Savings
AI Summary
SpiceJet has announced the finalisation of lease agreements for 10 aircraft to boost its capacity ahead of the summer schedule. This move comes after the airline settled three disputes, resulting in savings of INR 685 Crore. SpiceJet has also received three additional airframes, allowing it to meet the growing demand for air travel.
Key Highlights
- SpiceJet finalised lease agreements for 10 aircraft.
- Three settlements resulted in savings of INR 685 Crore.
- Three additional airframes were received due to these settlements.
- SpiceJet is boosting its operational capacity in preparation for the summer schedule.