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SPICEJET LESSORS CASE
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 ...- Another turbulence for SpiceJet? Falgu Aviation claims airline owes it Rs 67 croreFalgu Aviation Leasing Ltd has approached the NCLT against SpiceJet Ltd, seeking unpaid rental dues of Rs 67 crore for a leased Boeing 737....
- 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...
- Legal trouble for SpiceJet: Delhi HC orders registration of contempt case for failing to return engine to lessorSpiceJet Contempt Notice: The Delhi High Court orders contempt case against SpiceJet directors for failing to comply with court orders to h...
- Delhi HC asks SpiceJet to pay $4.8 mn to engine lessors in four instalmentsIndian carrier SpiceJet has been directed by the Delhi High Court to pay $4.8 million in four instalments as an interim arrangement to cont...
- 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...
- SpiceJet looks to raise fesh capital as lessor impounds aircraftSpiceJet has been facing a cash crunch for the past several quarters. It is also dealing with multiple court cases regarding money owed to ...
- 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...
- WLFC asks NCLT to issue notice in Spicejet insolvency caseThe senior counsel for WLFC argued that the company was within its rights to file an insolvency petition Spicejet under Section 9 of the In...
- 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...
- SpiceJet questions maintainability of Wilmington’s insolvency pleaSpiceJet has disputed the merit of an application by Wilmington Trust SP Services to start insolvency proceedings against SpiceJet. Wilming...
- 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...
- Willis Lease Finance Corporation tells NCLT has the right to file a plea against SpicejetWLFC said that its service agreement with four operational creditors, read along with the lease agreements and emails from Spicejet acknowl...
- SpiceJet insolvency plea maintainable, WLFC tells NCLTEngine Lessor Willis Lease Finance Corporation (WLFC) Tuesday argued that the insolvency petition filed by the company against airline Spic...
- DGCA puts SpiceJet under enhanced surveillance; airline refutesThe focus is to ensure that due to financial issues, there are no potential adverse impact on the flight operations and that there is no "c...
- Fresh plea filed against SpiceJet by aircraft lessor AircastleA day earlier, the NCLT had adjourned the hearing of a similar plea filed by lessor Wilmington against the airline. The matter is likely to...
- NCLT adjourns the Wilmington Trust insolvency plea against SpiceJetThis is the third case filed by the company against the airline. Two other cases under Section 9 of the Insolvency and Bankruptcy Code, 201...
- Second plane lessor appeals for deregistering SpiceJet's aircraftAlterna filed the appeal by invoking the Irrevocable Deregistration and Export Request Authorization (IDERA) and filing a request with the ...
- Lessor AWAS requests de-registration of SpiceJet planes over unpaid duesThe airline's flights have also had frequent safety snags in the last two months. The DGCA issued a show cause notice to the airline recent...
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