A 170-year-old mosque near Kolkata airport is now a focal point for the state government's expansion plans. The Airports Authority of India...

Indian markets closed nearly unchanged after a volatile trading session on Monday. Tata Elxsi and L&T Tech shares are in focus as they anno...

Aircraft lessors are repossessing planes from SpiceJet after the airline failed to pay lease rentals. The finance leasing arm of Industrial...

Lessors have asked DGCA to deregister four SpiceJet Boeing 737-8 MAX aircraft. These planes have remained non-operational for a prolonged p...

Airlines are now exempt from deducting tax at source on lease rentals paid to eligible aircraft leasing companies in GIFT City. This move a...

A significant tax relief has been granted to airlines, with India now exempting tax deducted at source (TDS) on aircraft lease rentals paid...

The Union Government has escalated eviction proceedings against the Delhi Gymkhana Club, issuing a show cause notice under the Public Premi...

AirAsia X is slashing fares by 5% and reviewing prices weekly as jet fuel costs ease following a U.S.-Iran peace deal. The Malaysian budget...

SpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...

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

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

SpiceJet Ltd is facing new insolvency proceedings initiated by aircraft lessor Aviator ML 29641 Ltd over ₹58 crore in unpaid dues. The low-...

The counsel for Go First's resolution professional opposed the appeal by Bluesky 19 Leasing, arguing they were already covered by the Delhi...

SpiceJet had reached out to multiple lessors - some of which have approached the National Company Law Tribunal (NCLT) to initiate insolvenc...

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 ...

While granting interim relief, the single judge had asked the Directorate General of Civil Aviation (DGCA) to permit the lessors, their emp...