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Malaysia talks to rival airlines as it monitors AirAsia's financial health, sources sayFaced with challenges, the Malaysian government is exploring options for other airlines to take over AirAsia's domestic market presence. Th...17 Sep, 2026, 08.52 AM IST- NCLAT sets aside Zaveri Group's bid for Gujarat Hydrocarbons and Power SEZThe NCLAT has overturned Zaveri Group's resolution plan for GHPSL. This decision mandates a restart of the insolvency process with new bids...04 Sep, 2026, 08.49 PM IST
- Sales didn't move, the profit went up. Here's the trick which is used to do thisHere is one that should make you look twice at any company you own. A company paid a supplier Rs. 394 crore, described in its accounts as a...04 Sep, 2026, 08.33 PM IST
- Govt in touch with SpiceJet over operational, financial challenges; Airline seeks funds under ECLGS schemeSpiceJet is seeking funds through the Emergency Credit Line Guarantee Scheme. The government is pushing the airline to increase its operati...03 Sep, 2026, 10.14 PM IST
- Fly91 plane order: Smaller cities emerge as Indian aviation's next frontier as airlines bet on deeper, wider domestic networkFly91 new plane order: India’s regional aviation story is gathering altitude. Fly91 currently operates six ATR 72-600s. It plans to add ano...03 Sep, 2026, 04.12 PM IST
- SpiceJet finalises lease agreements for 20 aircraft ahead of winter schedule, targets 200 daily flightsSpiceJet is adding twenty aircraft to its fleet by mid-November. These planes will enhance capacity for the upcoming winter schedule and ho...03 Sep, 2026, 11.14 AM IST
- SpiceJet insolvency case: NCLT allows lessor to withdraw plea, imposes fine on both Aviator ML & cash-strapped airlineThe National Company Law Tribunal allowed Aviator ML to withdraw its insolvency plea against SpiceJet. Both parties faced a fine for late s...19 Aug, 2026, 12.38 PM IST
- SpiceJet gets more time as NCLT defers lessors’ bankruptcy casesThe NCLT postponed rulings on SpiceJet bankruptcy petitions after a settlement. The tribunal will issue its order on Wednesday, August 19, ...17 Aug, 2026, 03.35 PM IST
- SpiceJet faces yet another insolvency proceeding by lessorSpiceJet Ltd is facing new insolvency proceedings initiated by aircraft lessor Aviator ML 29641 Ltd over ₹58 crore in unpaid dues. The low-...14 Oct, 2024, 11.46 PM IST
- NCLT notice to SpiceJet on 3 insolvency pleas filed by lessors for arrears worth Rs 77 croreNCLT issued notice to SpiceJet over insolvency petitions by lessors AWAS 36698, AWAS 36694, AWAS 36695 for ₹77 crore arrears. Legal argumen...19 Apr, 2024, 12.39 AM IST
- 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...05 Oct, 2023, 11.46 PM IST
- Aircraft lessor rejects SpiceJet's offer to issue shares against duesSpiceJet had reached out to multiple lessors - some of which have approached the National Company Law Tribunal (NCLT) to initiate insolvenc...09 Sep, 2023, 12.44 AM IST
- NCLT suggests SpiceJet settle issues with aircraft lessorsOn Tuesday, the NCLT was hearing a plea filed by Celestial Aviation Services Ltd, an operational creditor that had filed a plea to initiate...05 Sep, 2023, 11.51 PM IST
- 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 ...31 Aug, 2023, 12.25 PM IST
- 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...25 Aug, 2023, 07.11 PM IST
- Go-First resolution professional challenges before HC permission to lessors to maintain aircraftsWhile granting interim relief, the single judge had asked the Directorate General of Civil Aviation (DGCA) to permit the lessors, their emp...10 Jul, 2023, 08.34 PM IST
- Fresh trouble for Kingfisher: Now, lessors reclaim grounded aircraftLessors are clearing dues owed by the airline to AAI and repossessing leased aircraft, currently grounded in a few airports.24 Oct, 2012, 05.06 AM IST
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