SpiceJet is delaying the launch of its regional operations by a month until it has clearance of $250-million funding from the Reserve Bank of India for its Bombardier Q400 aircraft. Regional services were expected to begin on July 15, but the airline is awaiting confirmation of its funding requirements from RBI and the Export Development Canada (EDC) for all 15 of its Bombardier Q400s aircraft. “We were not able to close commercial terms with EDC on time as we were negotiating the best agreement with them. The clearance from the RBI has been sought only 10 days ago and the

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