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ENGINE LESSOR
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....
Maran case: SpiceJet asks for more time to deposit Rs 144 crSpiceJet faces a critical juncture. The airline informed the Delhi High Court that an immediate Rs 144 crore deposit in a dispute with Kala...
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...
Delhi HC slams SpiceJet over upaid dues, asks to confirm if directors willing to be liable for engine lessor duesSpiceJet is under scrutiny by the Delhi High Court for failing to pay Rs 20 crore to its engine lessors, Team France 01 SAS and Sunbird Fra...
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...
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...
GoFirst engine lessors to wait further; NCLT says it will study Delhi HC orderNational Company Law Tribunal to decide on engine lessors for Go First after studying Delhi High Court order allowing lessors to repossess ...
Delhi High Court orders SpiceJet to pay $1.58 million to engine lessors by May 22Delhi HC orders SpiceJet to pay $1.58 million to engine lessors by May 22. Ongoing negotiations for settlement. Rs 50 crore payment deadlin...
Pay Rs 50 cr to engine lessors or face grounding: Delhi High Court's 'one last opportunity' to SpiceJetThe Delhi High Court granted SpiceJet "one last opportunity" to pay Rs 50 crore to its engine lessors, Team France and Sunbird France, or f...
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...
Go First's engine lessors tell NCLT moratorium doesn’t apply; RP claims leases terminated post insolvency filingGo First's engine lessors have argued in the National Company Law Tribunal that their assets should not be covered under the moratorium as ...
Go First's engine lessor ELFBV tells NCLT parts worth $2.87 million missingGo First’s engine lessor Engine Lease Finance BV Friday told the National Company Law Tribunal Friday that parts worth $2.87 million were m...
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 ...
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...
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...
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...
NCLT directs Go First resolution professional to ensure protection of engine lessors' assetsThe National Company Law Tribunal has directed the resolution professional of Go First airline to ensure the maintenance of nine engines le...