
November 19, 2024
SpiceJet's $90 Million Deal with Canadian Q400 Planes: Resolution boosts domestic aviation sectorBy Manish Kumar Jha
SpiceJet, India's prominent low-cost airline, has successfully resolved a significant dispute with Canadian aircraft manufacturer Bombardier over a fleet of Q400 turboprop planes. The resolution comes in the form of a $90 million settlement, marking the end of a prolonged legal battle and financial tension between the two parties. The resolution also has broader implications for the Indian aviation sector as with a robust growth of 15 per cent, the sector is poised to soar towards making Indian domestic aviation the second-largest market in the world.
By Major General Atanu K Pattanaik (Retd)
Europe grapples with mounting divisions within the European Union and NATO, while facing a barrage of challenges on multiple fronts
January 28, 2025
New General Manager at MTU Maintenance Dallas