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AIRCRAFT ENGINE LESSOR
Global airline chiefs to confront Iran war fuel shock at industry summitAirline leaders meet in Rio de Janeiro facing a major industry crisis. The Iran war is increasing jet fuel costs and disrupting flights. Th...- 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 ...
- BOC Aviation to lease three more Boeing 737-8200 aircraft to Akasa AirBOC Aviation has signed a new deal to lease three Boeing 737-8200 aircraft to Akasa Air. These planes will be delivered by the end of 2026....
- UK court orders SpiceJet to pay $8 million to engine lessor over unpaid duesA UK judiciary has ruled that SpiceJet owes Sunbird France 02 SAS nearly $8 million for missed rent and upkeep on three aircraft engines. T...
- SpiceJet shares in focus after Delhi HC summons CEO, COO over non-payment of duesSpiceJet shares will be in focus on Tuesday after the Delhi High Court directed the airline’s CEO and COO to appear in court over non-payme...
- Delhi HC directs senior SpiceJet officials to appear over non-payment of duesSpiceJet's COO and CEO have been summoned by the Delhi High Court over unpaid dues of over USD 6.03 lakh to aircraft engine lessors. The co...
- SpiceJet faces contempt notice from Delhi HC for non-complianceThe Delhi High Court issued a contempt notice to SpiceJet and its executives for failing to comply with a May 27 order to return two Boeing...
- Delhi HC upholds order asking SpiceJet to return two leased aircraft, three enginesWhile dismissing as withdrawn the airline’s appeal, a bench led by Justice Rajiv Shakhder granted the low cost carrier three weeks time til...
- Court allows Go First lessors access to airworthiness documentsJustice Tara Vitasta Ganju directed the resolution professional (RP) of the bankrupt carrier to hand over the documents to the lessors with...
- 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...
- New National Company Law Tribunal bench to hear Go First caseThe pleas by Go First aircraft and engine lessors will be heard by a new National Company Law Tribunal (NCLT) bench, as per the NCLT presid...
- NCLAT allows Go First lessor Bluesky 19 to inspect planesThe counsel for Go First's resolution professional opposed the appeal by Bluesky 19 Leasing, arguing they were already covered by the Delhi...
- 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...
- NCLAT grants Go First's aircraft lessor Jackson Square Aviation Ltd inspection rightsOrder passed in the engine lessor Engine Lease Finance BV's application in August to be extended to the aircraft lessor; RP to communicate ...
- Lessors tell court that Go First planes stripped of key partsAircraft lessors have told the Delhi High Court that bankrupt airline Go First is cannibalising key components from their aircraft accordin...
- NCLAT allows engine lessor ELFBV to inspect four engines leased to Go First"We are of the view that the order of the NCLT in refusing inspection need not be approved," NCLAT stated in its order. The appellate tribu...
- NCLT seeks update on Go First resolution process in 10 daysThe National Company Law Tribunal Friday directed Go First's resolution professional to file an additional affidavit informing the tribunal...
- Lessors mount challenge to stop Go First from using their aircraftWhile some lessors such as BOC Aviation, Pembroke Leasing and Accipiter Investments Aircraft have moved the National Company Law Tribunal (...
- Flight cancellations temporary, says JetFive of Jet’s aircraft had been grounded, leading to the cancellation of 19 flights on Tuesday.
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