SpiceJet’s share price rose by 2.34% to ₹67.25 on the BSE at 9:37 AM after the airline successfully settled an approximately ₹196.71 crore ($23.4 million) dispute with its lessors, Aircastle (Ireland) Designated Activity Company and Wilmington Trust SP Services (Dublin). The settlement was reached for an aggregate sum of approximately ₹42 crore ($5 million), alongside terms regarding aircraft engine treatments.
Here are the stock price details at 9:37 AM:
- Open: ₹66.45
- High: ₹68.00
- Low: ₹66.25
- Previous Close: ₹65.71
This settlement, which includes the withdrawal of all legal disputes, strengthens SpiceJet’s commitment to financial stability and reducing legal liabilities.
Disclaimer: This information is for informational purposes only and should not be considered investment advice. Always seek independent financial advice before making any investment decisions.
