SpiceJet Make A Contract With Avenue Capital For Sales And Lease-Back 50 New Aircrafts

Leading Low Cost Carrier of India SpiceJet have signed a contract withNew York based global investment company Avenue Capital Group for fulfilling the financial needs of a SpiceJet and for the lease back of 50 new aircrafts ordered by the airline recently.

The contract is signed between the Officials of both ie; SpiceJet and Avenue Capital in which it is agreed by the Avenue Capital that to provide the financial to SpiceJet for sales and lease-back of 50 new aircrafts.

Avenue Capital a company founded in 1995 by Marc Larsy, is expert in leasing the aircrafts globally, SpiceJet said that it is a unique opportunity for us to buy a new Aircrafts in our fleet.

Still the name of aircraft which are going to acquire is still in suspense. As airline now operating the fleet of Boeing 737s, Q-400s, Freighters and Bombardier.

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