Sept 16 (Reuters) - Troubled Indian budget carrier
SpiceJet said on Tuesday it will lease eight
additional Boeing 737 aircraft to bolster its fleet ahead
of the festive and winter season.
The latest deal takes the airline's total fleet additions to
18 aircraft, including two earlier agreements to lease 10 Boeing ( BA )
jets scheduled for delivery starting in October.
SpiceJet has signed multiple settlements in recent years to
resolve disputes with lessors and other creditors, but has
continued to struggle with capacity expansion.
Last week, the carrier repaid $24 million to Credit Suisse
and secured an $89.5 million settlement from Carlyle's
commercial aviation investment and servicing unit.
The airline posted its second consecutive quarterly loss in
June, hurt by weak leisure travel demand on certain routes
during the worst India-Pakistan fighting in decades.
It also flagged that a delay in returning its grounded
aircraft to service added to its woes.