SpiceJet to revive 10 grounded planes by April 2026; clears $ 24 million Credit Suisse dues

Budget carrier SpiceJet, which posted a net loss of Rs 238 crore in the June quarter, plans to revive 10 grounded aircraft by April 2026 even as it completed the full payment of $ 24 million to Credit Suisse, closing a long-pending liability.

At the end of the June quarter, only 21 of its 56 planes were flying, with 35 grounded due to maintenance and engine issues.

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