New Delhi, Sep 20 (TIWN) In a boost to domestic carrier SpiceJet, the commercial settlement finalised by the airline with two major lessors of MAX aircraft will result in savings of roughly around Rs 300 crore for the Ajay Singh-led carrier.

In a boost to domestic carrier SpiceJet, the commercial settlement finalised by the airline with two major lessors of MAX aircraft will result in savings of roughly around Rs 300 crore for the Ajay Singh-led carrier.  Top sources in the airline said that the carrier is hopeful of saving around Rs 1,000 crore in all, once the settlements are finalised with other MAX lessors.  While neither the airline nor the two lessors – Avolon and CDB Aviation – having publicly spoken about the details of the agreement, sources said the lessors have agreed to write-off roughly around Rs 300 crore of lease rental dues that had to be paid by the airline.