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CELESTIAL AVIATION
China's control over indium phosphide exports threatens AI data centre rolloutAnderson's visit was partly to raise the issue of delays in China's export licenses involving the highly strategic material, essential in m...- SpiceJet faces yet another insolvency proceeding by lessorSpiceJet Ltd is facing new insolvency proceedings initiated by aircraft lessor Aviator ML 29641 Ltd over ₹58 crore in unpaid dues. The low-...
- NCLT to hear insolvency plea filed by Engine Lease Finance against SpiceJet on August 2The National Company Law Tribunal (NCLT) has sent a notice to SpiceJet following an insolvency plea initiated by Engine Lease Finance BV, a...
- Engine Lease Finance moves insolvency plea against SpiceJetSpiceJet, a low-budget airline, has filed an insolvency plea against its debt-ridden debtor, Engine Lease Finance BV, over non-payment of o...
- SpiceJet settles ₹250 crore dispute with aircraft lessor Celestial AviationThe representatives of both parties informed a bench of NCLT last week that settlement terms had been reached, and thus requested an adjour...
- SpiceJet settles Rs 250 cr dispute with Celestial AviationSpiceJet has resolved its Rs 250 crore dispute with AerCap's subsidiary Celestial Aviation, announcing the mutual settlement of the $29.9 m...
- SpiceJet closer to settlement with aircraft lessor Celestial, says formalities remainSpiceJet informed the National Company Law Tribunal (NCLT) that it has settled the matter with aircraft lessor Celestial Aviation, seeking ...
- NCLT dismisses Wilmington’s insolvency plea against SpicejetThe National Company Law Tribunal (NCLT) dismissed Wilmington Trust SP Service’s (Dublin) Ltd insolvency petition against Spicejet Limited....
- SpiceJet-celestial hearing deferred amid settlement talksCelestial Aviation confirmed that some payments by the airline. "Counsel of both sides are present and submitted that settlement talks are ...
- Spicejet and Celestial Aviation trying to settle; NCLT adjourns to February 26The budget airline is facing insolvency petitions from other aircraft lessors and one of its vendors as well and is also involved in litiga...
- SpiceJet and Celestial move closer to settlement; NCLT grants more timeThe counsels for both sides informed the tribunal that Spicejet had made some payments to Celestial Aviation Services Ltd and asked for the...
- IndiGo co-founder Rakesh Gangwal weighs 'sizable' stake buy in SpiceJet: ReportIndiGo co-founder Rakesh Gangwal is reportedly considering purchasing a stake in rival budget carrier SpiceJet. The size of the stake is ex...
- Spicejet and aircraft lessor Celestial Aviation in advanced stages of settlementSpicejet and Celestial Aviation Services Ltd are in advanced stages of settlement over a default of $29.9 million for nine aircraft. The ma...
- Insolvency petitions filed by lessors not maintainable: SpiceJetThe low-cost airline informed the National Company Law Tribunal that Wilmington was not the owner of the aircraft leased by it and so it is...
- SpiceJet questions the maintainability of insolvency petitions by aircraft lessors Wilmington and CelestialSpicejet is challenging the insolvency petitions filed against it by aircraft lessors Wilmington Trust SP Services and Celestial Aviation S...
- NCLT suggests SpiceJet settle issues with aircraft lessorsOn Tuesday, the NCLT was hearing a plea filed by Celestial Aviation Services Ltd, an operational creditor that had filed a plea to initiate...
- NCLT seeks explanation from SpiceJet on lessor’s petitionsWhile the tribunal noted that a notice could be issued in the matter, the senior counsel for the airline asked for a day's time to study th...
- Russia's Aeroflot suspends flights to Sri Lanka; Colombo says government not involved in aircraft hold upA statement from the Airport and Aviation Services said the flight, scheduled to depart from the Colombo airport to Moscow on June 2 with 1...
- Sri Lanka in diplomatic spat over confiscated Russian planeThe Airbus A330 was seized at the Bandaranaike International Airport on Thursday, the same day it arrived from Moscow, after a directive fr...
- HC dismisses Paramount Airways pleaThe Delhi High Court today refused to grant any relief to Paramount Airways facing threat of its planes being confiscated by the government...
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