Spicejet insolvency

Go First fallout: Lessors file plea to repossess 5 SpiceJet planes this week – Times of India

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[ad_1] NEW DELHI: SpiceJet CMD Ajay Singh‘s assertion that the airline is not filing for insolvency does not seem to have comforted lessors. On Friday, lessors asked the DGCA to de-register two more aircraft with the airline so that they can be repossessed. This week has seen requests for five SpiceJet aircraft to be repossessed … Read more

Tribunal To Hear Insolvency Request Against SpiceJet Next Week

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[ad_1] SpiceJet said there are no aircraft from the lessor in the airline’s fleet New Delhi: SpiceJet too seems to be facing headwinds, with a lessor filing a plea seeking insolvency resolution proceedings against the no-frills airline and the petition is scheduled for hearing before the National Company Law Tribunal (NCLT) next week. It also … Read more