SpiceJet to take ownership of 13 aircraft after $91m settlement with Canadian agency

SpiceJet to take ownership of 13 aircraft after $91m settlement with Canadian agency

Visuals taken from Wikimedia Commons

Indian budget carrier SpiceJet said on Tuesday it agreed with Export Development Canada (EDC) to settle liabilities worth around $91 million, allowing it to take ownership of 13 of 15 Bombardier Q400 aircraft financed by the Canadian trade finance agency.