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SpiceJet settles with ELFC, raises $360 million for new aircraft

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SpiceJet settles with ELFC, raises $360 million for new aircraft

SpiceJet has resolved its dispute with Engine Lease Finance Corporation (ELFC) on September 24, 2024, after successfully fundraising for new aircraft. The Irish-based lessor had initially claimed $16.7 million with the dispute spawning from the Indian airline failing to pay fees and interest for eig...

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