India's SpiceJet settles with Engine Lease Finance Corp
SpiceJet (SG, Delhi International) has settled its USD16.7 million lease dispute with Engine Lease Finance Corporation (ELFC) according to a September 24 Bombay Stock Exchange filing. The low-cost carrier says it "amicably" settled the matter for an undisclosed amount that is lower than the claimed amount. The lessor was pursuing SpiceJet in the National Company [...]