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. https://ift.tt/cJWgnzN