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Bloomberg Quint
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SpiceJet Resolves Rs 763-Crore Liability, Fully Acquires 13 Aircrafts
- SpiceJet has settled a Rs 763-crore liability with Export Development Canada, saving Rs 574 crore for the airline.
- SpiceJet gained ownership of 13 Q400 aircraft as part of the agreement.
- Owning these planes will lead to substantial reductions in operational costs for SpiceJet.
- SpiceJet plans to expand its regional operations and enhance connectivity with the revitalized fleet.
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