SpiceJet (Delhi) is seeking the Reserve Bank of India’s approval to raise $270 million from Canada’s export finance agency Export Development Canada (EDC) for financing fleet expansion, according this report by Reuters. The carrier is planning to add 15 new Bombardier DHC-8-402s (Q400s).

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Copyright Photo: TMK Photography. The first DHC-8-402 (Q400) is pictured at Toronto (Pearson) with the temporary marks of C-GJJU. The new turboprop will become VT-SUA (msn 4373) on delivery.