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Tag: SpiceJet $16 million settlement

Aircraft lessor Genesis to buy stake in SpiceJet as part of settling $16 million dispute

Posted on December 19, 2024 By admin
Aircraft lessor Genesis to buy stake in SpiceJet as part of settling $16 million dispute

SpiceJet recently raised ₹3,000 crore amid financial headwinds. File | Photo Credit: Reuters SpiceJet on Thursday (December 19, 2024) said aircraft lessor Genesis will acquire a stake worth $4 million in the airline as part of settling a more than $16 million dispute. For the settlement, the airline will also pay $6 million to Genesis….

Read More “Aircraft lessor Genesis to buy stake in SpiceJet as part of settling $16 million dispute” »

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