SpiceJet's Stock Rises 8% on Lease Deal for 10 Aircrafts

SpiceJet Shares Rise 8% on March 14

Aims for seamless connectivity and tackling increased passenger demand in peak travel season.

Finalized lease agreements for 10 aircrafts.

Company Details

Airline Receives Additional Aircraft

Strengthens fleet capabilities.

Three airframes received in recent settlement agreements.

Meets growing demand for air travel.

SpiceJet's Strategic Restructuring

Continues significant revenue and load factor growth.

Management attributed to strategic restructuring.

Settlements with key aircraft lessors save ₹685 crore.

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