IndiGo and SpiceJet Aircraft

SpiceJet Airline announced on Thursday that it has fully resolved a $90.8 million (Rs 763 crore) dispute with EDC, finalizing the settlement.

The Directorate General of Civil Aviation (DGCA) has granted approval for domestic airlines, including IndiGo (6E) and SpiceJet (SG), to augment their fleet by engaging in wet leasing of aircraft to accommodate the increased demand during the festival season.