Delhi HC orders SpiceJet to pay $1.58 million to engine lessors by May 22. Ongoing negotiations for settlement. Rs 50 crore payment deadline to avoid grounding engines, with total dues $10.84 million.
Celestial Aviation was one of several aircraft leasing companies that had approached the NCLT for recovery of outstanding payments from the debt-laden airline
On January 29, the HC asked SpiceJet to pay $4 million by February 15. However, the airline paid only $2 million by the deadline citing financial constraints and urged an extension till February 29.