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SPICEJET LESSOR DISPUTES
Christmas trees act: Lessor alleges SpiceJet removed aircraft enginesSpectre Cargo Solutions, through Irish affiliates, accuses SpiceJet of removing engines from leased Boeing 737 freighters. SpiceJet claims ...21 Dec, 2024, 12.23 AM IST- Aircastle withdraws insolvency case against SpiceJet after settlementSpiceJet and Aircastle reached a settlement, ending their legal battle. The airline agreed to pay $5 million. This resolves a $23 million d...28 Nov, 2024, 10.22 AM IST
- 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....24 Oct, 2024, 02.40 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
- SpiceJet shares jump 8% on settling Rs 1,100 crore dispute with lessorsSpiceJet Share Price: Shares of SpiceJet surged over 8% after settling a significant ₹1,107 crore dispute with lessors for $22.5 million. T...09 Oct, 2024, 12.28 PM IST
- SpiceJet and Babcock & Brown Aircraft Management settle $131.85 mn disputeSpiceJet has settled a $131.85 million dispute with Irish aircraft lessor Babcock & Brown Aircraft Management for $22.5 million, marking a ...09 Oct, 2024, 09.51 AM IST
- SpiceJet settles $16 million dispute with engine leasing company ELFCSpiceJet has resolved its dispute with Engine Lease Finance Corporation by reaching a financial settlement. This comes after the airline ra...24 Sep, 2024, 11.16 PM IST
- SpiceJet settles Rs 755 crore liabilities of lessorSpiceJet announced a settlement with Export Development Canada (EDC) worth Rs 755 crore, resulting in savings of Rs 567 crore. The agreemen...26 Mar, 2024, 03.40 PM IST
- SpiceJet settles Rs 93 crore dispute with lessorSpiceJet said that as part of the arrangement, the airline will also benefit from transfer of airframe and an engine at no additional cost,...05 Mar, 2024, 01.39 PM IST
- 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...05 Mar, 2024, 10.59 AM IST
- SpiceJet case: Third party agency to inspect condition of engine to avoid dispute later on, HC saysThe Delhi High Court asked for the name of a third-party agency to inspect and certify the condition of SpiceJet's engine, which was leased...14 Feb, 2024, 05.53 PM IST
- Delhi HC seeks SpiceJet's response on lessor's offer to re-deliver a leased engineDirecting the SpiceJet's senior counsel to take instructions from the airline if they can deliver the engine in terms of clause 20 of the 2...12 Feb, 2024, 08.08 PM IST
- Delhi HC raps SpiceJet on delay in payment to lessors, says return the engines if you can’t payThe Delhi High Court has asked Ajay Singh's SpiceJet to pay $450,000 to lessors Team France and Sunbird France by January 3 and submit an a...19 Dec, 2023, 03.55 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
- SpiceJet makes part payment of dues to AAISpiceJet has paid a part payment of Rs 25 crore to the Airports Authority of India towards the dues it had accumulated due to the cash crun...01 Apr, 2015, 04.58 PM IST
- SpiceJet resolves legal dispute with Irish lessorSpiceJet today said it has resolved a legal dispute over aircraft rentals with one of its lessors, which will now allow the airline to reta...23 Mar, 2015, 07.00 PM IST
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