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SPICEJET DEFAULT
SpiceJet funding crunch delays pilot pay, messages show, as it seeks state-backed loanSpiceJet is delaying pilot salaries since March, seeking an emergency government loan to stabilize operations amid rising fuel costs and re...- 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...
- Another turbulence for SpiceJet? Falgu Aviation claims airline owes it Rs 67 croreFalgu Aviation Leasing Ltd has approached the NCLT against SpiceJet Ltd, seeking unpaid rental dues of Rs 67 crore for a leased Boeing 737....
- SpiceJet makes shocking revelation of not paying ₹350 crore in TDS and PF of employeesSpiceJet, facing severe financial strain, has admitted to not paying Rs 220 crore in TDS and Rs 135.3 crore in PF dues from April 2020 to A...
- 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...
- NCLT to hear insolvency plea filed by Engine Lease Finance against SpiceJet on August 2The National Company Law Tribunal (NCLT) has sent a notice to SpiceJet following an insolvency plea initiated by Engine Lease Finance BV, a...
- Engine Lease Finance files fresh insolvency plea against SpiceJetEngine Lease Finance is the latest of engine lessors that have approached courts accusing SpiceJet of defaulting on payments and seeking re...
- SpiceJet clears dues, no longer in default, SC notifiedThe court was hearing a contempt petition filed by Credit Suisse against Singh over the non-payment of dues despite a court-approved commer...
- Credit Suisse says SpiceJet cleared all dues; SC posts case for July hearing to ensure it doesn't default againThe Supreme Court acknowledges Credit Suisse's confirmation that SpiceJet, under CMD Ajay Singh, has settled its $24 million payment disput...
- NCLT reserves order in Aircastle’s insolvency case against SpicejetNCLT has reserved its order in the insolvency petition filed by Aircastle Limited against SpiceJet. Aircastle's petition has been questione...
- SpiceJet and Celestial move closer to settlement; NCLT grants more timeThe counsels for both sides informed the tribunal that Spicejet had made some payments to Celestial Aviation Services Ltd and asked for the...
- SpiceJet completes $1.5 million payment to Credit Suisse, shares riseSpiceJet has made a payment of $1.5 million to Credit Suisse after the Supreme Court of India ordered the chairman of the budget carrier, A...
- SpiceJet pays Kal Airways Rs 100 cr towards arbitral award after court orderLow-cost airline SpiceJet has paid Rs 100 crore ($1.5 million) to Kal Airways and its promoter Kalanithi Maran, following an order from the...
- NCLT seeks explanation from SpiceJet on lessor’s petitionsWhile the tribunal noted that a notice could be issued in the matter, the senior counsel for the airline asked for a day's time to study th...
- 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...
- Maintainability of Aircastle’s second insolvency petition against Spicejet questioned by NCLTWhile the petitioner requested a notice be issued to Spicejet, the court refused and listed the petition on the same day as the earlier one...
- A day to forget! SpiceJet stock falls over 20% intraday as co marks 18th anniversaryShares of budget airline, SpiceJet, have plummeted by over 20% on Tuesday due to its financial struggles and lessors pushing for the carrie...
- Lessor AWAS requests de-registration of SpiceJet planes over unpaid duesThe airline's flights have also had frequent safety snags in the last two months. The DGCA issued a show cause notice to the airline recent...
- SpiceJet has dues of Rs 155.49 crore to AAI: GovernmentBudget carrier SpiceJet, which survived a shutdown late last year, has defaulted on payments to Airports Authority of India (AAI).
- SpiceJet almost regular with payments: BOC AviationAs financial crunch continues to trouble SpiceJet, aircraft leasing firm BOC Aviation today said the low-cost carrier is "almost" regular w...
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