SpiceJet to own 13 Bombardier Q400 planes after Rs 755-cr settlement with EDC, shares soar 6%
The settlement will generate savings to the tune of Rs 567 crore for the airline.
Source: moneycontrol.com
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Top News In Development Canada Today - Breaking & Trending Today
SpiceJet inks deal with Export Development Canada to settle liabilities worth $90 million
The liabilities stem from a loan acquired in 2011 to procure 15 aircraft
Source: theweek.in
SpiceJet seals settlement deal with EDC to resolve Rs 755-cr liabilities, stock surges
Under the agreement's terms, SpiceJet will acquire full ownership of 13 EDC-financed Q400 aircraft, bolstering the airline's operational capabilities and fleet management.
Source: businesstoday.in
Moneycontrol Selects: Top stories this evening
Our specially curated package of the most interesting articles to help you stay at the top of your game
Source: moneycontrol.com
ZayZoon Raises $15M in Series B Extension
FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!
Source: finsmes.com