Tag: SpiceJet Airways
- 15 Sep
SpiceJet shares soar after paying $1.5 million to Credit Suisse
Shares of SpiceJet rose over 3% on September 15 after the airline said it has paid $1.5 million to Credit Suisse, settling a legal dispute over unpaid dues. The payment brings to an end the legal dispute between the two companies and allows SpiceJet to focus on its operations. However, the airline still faces a number of challenges, including rising fuel costs and intense competition.
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