On March 26, SpiceJet announced a significant settlement with Export Development Canada (EDC), securing full ownership of 13 EDC-financed Q400 aircraft. This comprehensive agreement resolved liabilities amounting to nearly $91 million, as per SpiceJet's records, leading to substantial savings of INR 5670 million for the airline. In addition to the EDC settlement, SpiceJet finalized three other noteworthy agreements, including those with aircraft leasing firms, Cross Ocean Partners and AerCap.

These settlements collectively yielded savings of INR 6850 million for the airline. Moreover, SpiceJet acquired three Boeing aircraft as part of these agreements.