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SPICEJET ENGINE LEASE
Sunbird Dispute: HC asks SpiceJet to disclose its assetsSpiceJet must reveal its assets to Sunbird France. The lessor seeks payment for unpaid lease rentals and engine maintenance. A UK court ord...- Sunbird takes SpiceJet to HC over $8 million unpaid lease duesSunbird France has approached the Delhi High Court to enforce a UK court order. The order directs SpiceJet to pay approximately $8 million ...
- SpiceJet to unground 10 aircraft by April 2026, expansion underway to meet market demandSpiceJet aims to restore grounded aircraft by April 2026, including several Boeing 737 NG, MAX, and Q400 planes. The airline has secured ma...
- SpiceJet to bring 10 grounded planes back into service by mid-AprilSpiceJet plans to reintroduce 10 grounded planes by mid-April 2025, including four Boeing 737 MAX, enhancing its fleet amid a strong recove...
- SpiceJet finalises settlement with Engine Lease Finance Corporation to resolve $16.7 mn liabilitiesSpiceJet has resolved its dispute with Engine Lease Finance Corporation (ELFC) through a settlement. ELFC had initially claimed $16.7 milli...
- SC dismisses SpiceJet’s appeal, upholds grounding of leased enginesThe Supreme Court has upheld a Delhi High Court order directing SpiceJet to ground and return three engines to lessors Team France 01 SAS a...
- Delhi HC upholds its order directing SpiceJet to return leased engines amid financial strugglesThe Delhi High Court upheld an order requiring SpiceJet to ground and return three engines to lessors Team France 01 SAS and Sunbird France...
- Delhi HC orders SpiceJet to ground three engines over unpaid dues to lessorsThe Delhi High Court has directed SpiceJet to ground three leased engines by Friday over unpaid dues to lessors Team France 01 SAS and Sunb...
- Delhi HC asks SpiceJet's CFO to appear before it if airline fails to make balance payment to its engine lessorsThe Delhi High Court demanded SpiceJet's CFO appear on August 8 if the airline doesn't pay Rs 20 crore to engine lessors. SpiceJet is raisi...
- 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...
- Dispute with Raymach Tech settled: SpiceJet to NCLTSpiceJet Ltd settled a dispute with Raymach Technologies over ₹2.7 crore worth of unpaid dues at the National Company Law Tribunal.
- Engine Lease Finance files fresh insolvency plea against SpiceJetEngine Lease Finance is the latest of engine lessors that have approached courts accusing SpiceJet of defaulting on payments and seeking re...
- 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...
- Delhi HC upholds order asking SpiceJet to return two leased aircraft, three enginesWhile dismissing as withdrawn the airline’s appeal, a bench led by Justice Rajiv Shakhder granted the low cost carrier three weeks time til...
- SpiceJet takes ownership of Q400 aircraft from NAC to save more moneySpiceJet has secured ownership of six Q400 aircraft through a settlement with NAC, saving on monthly rentals and bolstering long-term finan...
- Delhi High Court orders SpiceJet to return engine to Belgian leaser by March 10The HC cautioned SpiceJet to take the deadline seriously while the lessor sought to initiate contempt proceedings against Singh if the engi...
- SpiceJet case: Third party agency to inspect condition of engine to avoid dispute later on, HC saysThe Delhi High Court asked for the name of a third-party agency to inspect and certify the condition of SpiceJet's engine, which was leased...
- Delhi HC seeks SpiceJet's response on lessor's offer to re-deliver a leased engineDirecting the SpiceJet's senior counsel to take instructions from the airline if they can deliver the engine in terms of clause 20 of the 2...
- Willis Lease Finance not an operational creditor: SpiceJetThe senior counsel appearing for SpiceJet claimed that the lessor was neither the operational creditor nor an assignee to the leases signed...
- Lessor Willis' insolvency plea against SpiceJet put off till July 21The National Company Law Tribunal (NCLT) Tuesday adjourned the insolvency plea filed by aircraft engine lessor Willis Lease Finance Corpora...
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