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...
10 Jan, 2025, 03.55 PM IST
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...
24 Sep, 2024, 11.25 AM IST
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...
20 Sep, 2024, 06.20 PM IST
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...
11 Sep, 2024, 06.34 PM IST
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...
14 Aug, 2024, 07.40 PM IST
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...
31 Jul, 2024, 07.45 PM IST
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...
13 Jun, 2024, 10.27 PM IST
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.
07 Jun, 2024, 11.48 PM IST
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...
30 May, 2024, 01.13 AM IST
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...
29 May, 2024, 07.45 PM IST
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...
27 May, 2024, 08.16 PM IST
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...
02 Apr, 2024, 10.54 AM IST
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...
22 Feb, 2024, 07.18 PM IST
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...
14 Feb, 2024, 05.53 PM IST
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...
12 Feb, 2024, 08.08 PM IST
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...
22 Jul, 2023, 12.45 AM IST
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...
05 Jul, 2023, 12.22 AM IST