SpiceJet must reveal its assets to Sunbird France. The lessor seeks payment for unpaid lease rentals and engine maintenance. A UK court ord...

Union Finance Minister Nirmala Sitharaman reviewed GIFT City in Gandhinagar. She noted its significant progress and strategic role in India...

Sunbird France has approached the Delhi High Court to enforce a UK court order. The order directs SpiceJet to pay approximately $8 million ...

BOC 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....

A UK judiciary has ruled that SpiceJet owes Sunbird France 02 SAS nearly $8 million for missed rent and upkeep on three aircraft engines. T...

The NCLT has instructed three aircraft lessors of SpiceJet, namely AWAS 36698 Ireland, AWAS 36694 Ireland, and AWAS 36695 Ireland, to submi...

Air India Group, through its leasing arm AI Fleet Services IFSC (AIFS) at IFSC Gift City in Gujarat, has channeled approximately $300 milli...

Aircraft lessor Wilmington Trust SP Services has moved NCLAT, filing an appeal against an earlier order of NCLT, which had dismissed its in...

SpiceJet informed the National Company Law Tribunal (NCLT) that it has settled the matter with aircraft lessor Celestial Aviation, seeking ...

Bankrupt airline Go First has floated a company with its former employees to work closely with the leasing companies. In letters to aircraf...

Spicejet and Celestial Aviation Services Ltd are in advanced stages of settlement over a default of $29.9 million for nine aircraft. The ma...

The Ministry of Civil Aviation in India has stated its commitment to reducing the risks faced by aircraft lessors in the country's aviation...

The move by the Aviation Working Group (AWG), a UK-based entity that monitors leasing and financing laws, comes as bankrupt budget carrier ...

On Tuesday, the NCLT was hearing a plea filed by Celestial Aviation Services Ltd, an operational creditor that had filed a plea to initiate...

Order passed in the engine lessor Engine Lease Finance BV's application in August to be extended to the aircraft lessor; RP to communicate ...

Aircraft lessors have told the Delhi High Court that bankrupt airline Go First is cannibalising key components from their aircraft accordin...

Certain aircraft lessors and bankers to ailing Kingfisher Airlines (KFA) have invoked corporate guarantees given by Vijay Mallya-led United...