News
Funds injection leads to settlement of lessor’s dispute with SpiceJet
March 28th 2025
Following a recent funding boost, SpiceJet has resolved its legal dispute with WLFC, India’s Economic Times reports. Read More » As part of the agreement, the global engine lessor has withdrawn its insolvency case against the India LCC. “This successful settlement reflects the positive impact of our financial restructuring strategy. The QIP (Qualified Institutional Placement) and the subsequent promoter funding have strengthened our ability to resolve longstanding disputes, enhance financial stability and drive operational growth. We deeply appreciate the continued support of our partners and stakeholders as we work towards building a stronger and more resilient SpiceJet,” chair and managing director, Ajay Singh, said.
