SpiceJet Reaches Agreement with Genesis on $16 Million Dispute, Share Prices Surge
The biggest news for SpiceJet comes in the form of a settlement agreement between the airlines and aircraft lessor Genesis over an existing dispute amounting to $16 million. The agreement is a huge step towards getting the airline back into financial stability and places it on the road to long-term growth. Post resolution, shares of SpiceJet were seen shooting up …