SpiceJet to soon receive Q400 plane as part of settlement with lessor NAC
SpiceJet on Tuesday said it will soon be receiving a Q400 aircraft as part of the settlement reached with lessor Nordic Aviation Capital (NAC) last year.
The airline has settled all past liabilities for the Q400 planes leased from NAC, and under the settlement agreement it already has five Q400 aircraft.
“The ownership of these planes has been transferred to SpiceJet,” the airline said and added that the sixth Q400 plane is en route to India from Germany.
