SpiceJet and Celestial Aviation reach $29.9m settlement, avoiding litigation
SpiceJet, a major player in the aviation industry, and Celestial Aviation, a subsidiary of AerCap, one of the world’s largest aircraft lessor groups, have announced a mutual agreement to settle their dispute involving $29.9 million (approximately INR 250 Crore) through amicable negotiations, effectively avoiding the route of litigation. This resolution was communicated to the bench […]