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SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...- Centre asks Delhi Gymkhana Club to hand over premises by June 5The Centre has ordered the Delhi Gymkhana Club to vacate its Lutyens' Delhi premises by June 5. The 27.3-acre plot is needed for strengthen...
- The off-balance sheet trick didn’t die in 2019: How Indian managements still hide obligations from investorsThis is one of the most judgement-heavy corners of an Indian balance sheet and one of the easiest to stretch. This part of the series is ab...
- Go First: Busy Bee Airways says to evaluate position after reviewing court orderOn Friday, the court directed the Directorate General of Civil Aviation (DGCA) to forthwith process the applications filed by several lesso...
- HC directs DGCA to forthwith process applications of Go First's lessors' to deregister aircraftThe Delhi High Court on Friday directed the Directorate General of Civil Aviation (DGCA) to forthwith process the applications filed by sev...
- NCLT notice to SpiceJet on 3 insolvency pleas filed by lessors for arrears worth Rs 77 croreNCLT issued notice to SpiceJet over insolvency petitions by lessors AWAS 36698, AWAS 36694, AWAS 36695 for ₹77 crore arrears. Legal argumen...
- HC issues show-cause notice to Go First resolution professional on non-maintenance of aircraftThe high court said the RP (Resolution Professional) cannot plead difficulties in the implementation of the October 12, 2023, judgment afte...
- Delhi HC issues contempt notice to Go First RPDelhi HC issued showcause notice to Go First RP Shailendra Ajmera for non-compliance of orders regarding maintenance of aircraft leased to ...
- Delhi HC permits Go First lessors to engage security personnel to protect aircraft engines, partsThe interim applications were filed by the lessors in the main petitions seeking deregistration of their planes by aviation regulator DGCA ...
- NCLAT extends inspection rights to Go First's aircraft lessor Jackson Square Aviation LtdThe National Company Law Appellate Tribunal on Thursday extended inspection rights to bankrupt airline Go First's lessor Jackson Square Avi...
- Go First resolution professional approaches NCLT seeking permission for refund of cancelled ticketsGo First has approached the National Company Law Tribunal (NCLT) seeking permission to refund money to passengers who had booked their tick...
- Delhi HC permits cash-strapped Go First to carry out maintenance of leased aircraftThe DGCA counsel had earlier said under the applicable framework, only Go First was authorised to look after the day-to-day maintenance of ...
- Delhi HC allows Go First lessors to access aircraft for inspection, carry out maintenanceAn Indian court on Wednesday allowed leasing companies to access aircraft leased to Go First for inspection and maintenance, though they we...
- Go First's lessors' plea for plane deregistration shown as 'rejected' due to DGCA portal glitchOn May 10, the National Company Law Tribunal (NCLT) had admitted the airline's voluntary insolvency resolution petition and appointed Abhil...
- Go's suspended board files caveats against lessorsThe caveats have been filed following the National Company Law Appellate Tribunal's (NCLAT) Monday order that upheld the National Company L...
- Go First says no definite timeline for resumption of operations yet“In a reply to the Directorate General of Civil Aviation (DGCA), Go First airline said they have no definite timeline for the resumption of...
- Go First suspended board files caveats before Supreme Court against aircraft lessorsThe suspended board of Go First on Tuesday filed caveats before the Supreme Court against four aircraft lessors of the crisis-hit airline. ...
- Go First: Aircraft lessor moves Delhi High Court seeking directions to take back its leased planeAccipiter Invesments Aircraft 2 Ltd has filed a writ petition before the Delhi High Court against the Union government and others, accordin...
- Go First insolvency: NCLAT to pass order on aircraft lessors' petitions on May 22So far this month, several lessors have approached aviation regulator DGCA for deregistration and repossession of Go First's 45 planes.
- SpiceJet expects to resolve settlement disputes with lessors shortlyThe airline has reached in-principle understanding with one of the two lessors already, and is in advanced discussions with the other lesso...
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